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HI,
We have Fixed Asset (Lease) that we have not been running Depreciation since July till Oct. From Nov depreciation was done accordingly.
Unfortunetely we cannot run Depreciation backdated. How can we run it backdated?
Hello Nargiza,
This is correct. You can only run depreciation for data that is in the open year of your book. If you need to depreciate, then you will need to use a day that is in the current year.
It will depreciate for the periods that were not depreciated and up to the date you choose. It should be fine to run it. Give it a shot in test first to see what it looks like.
If you are not wanting to take depreciation for those missed periods/years, GP will not allow this. You would need to manually depreciate the asset going forward until the end of life.
I hope this helps!
Thank you!
Brandon | Microsoft Support Engineer.
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