Hello:
Amounts for depreciation from the fixed assets module posted accurately to the general ledger for February of this year. The amounts for March, however, were at about half of the amount for February.
No major changes or updates were made to the fixed assets subledger for March. Does anyone know of any possible reasons for the change in amount?
Any ideas are appreciated! Thanks!
John
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Posting glitch? yes, very possible....what's in the FA00902 table - does it match what the book is stating for the current run amount, and I assume from your last post that the depreciated through date is accurate for each asset?
Hello:
I reviewed the journal entries for February and March.
When I drilled back upon the "FA" Source Document for one of the accounts in each entry, I noticed that there were fewer assets "funneled" to the general ledger for March than for February.
The fixed assets subledger for February and March are both accurate and contain almost the same amount of depreciation. It's just that the general ledger does not contain all of the fixed assets depreciation amounts for March.
So, I'm thinking that there must have been a posting glitch that caused this.
Do you concur?
Thanks!
John
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