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I am not sure how they did this, but we have a client who closed 2012 and fixed assets for 2012. Upon review when they look at the assets now after they depreciated them, the depreciation went backwards. Instead of the value going to zero it is now twice what what it should be and if they attempt to Undo the depreciation they get a message about the fixed asset year being closed and they get stopped. The depreciation for these 6 assets should have brought their value down to zero at the end of 2012. How do I even attempt to Undo whatever it they did and get those assets down to zero?
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It appears they may have closed 2012 and then attempted to depreciate assets for 2012 but since 2012 was closed the resulting GL transactions rolled forward into 2013. Is there any way if GP 2013 to roll back a depreciation that occurred in the previous year? When I attempt to Undo the depreciation it tells me I am not allowed to do so because the asset year is closed.
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