I'm trying to work out the best way to reconcile the Fixed Asset General Ledger accounts against the Fixed Asset Book Value Report.
We have a number of appreciations/write-downs adjustments for land and buildings where these assets have been revalued. The write-downs are added to the accumulated depreciations in the Fixed Asset Book Value Report, therefore, there is a variance between the balance of the accumulated depreciation account and the FA Book Value Report. Is there a report that separates write-downs and appreciations so the accumulated depreciation can be reconciled to the General Ledger? Or is there an issue with how the appreciations/write-downs have been posted.
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