I did calculation of Depreciation of Fixed Assets in the month of October 2017 and posted, then found the calculation as incorrect so, I reversed the entry.
Then again I tried to calculate the depreciation for October 2017 but it doesn’t showing in Journal entry.
but the new month like January is ok .
how can I do it ?
*This post is locked for comments
I did calculation of Depreciation of Fixed Assets in the month of October 2017 and posted, then found the calculation as incorrect so, I reversed the entry.
Then again I tried to calculate the depreciation for October 2017 but it doesn’t showing in Journal entry.
but the new month like January is ok .
how can I do it ?
Hi, I think I know the rootcause. Please be informed, the calculate depreciation will always read the latest posting date in FA ledger entry, so in your case, the latest FA Ledger entry is end of the month. Then, calculate depreciation will not calculate anything. I noticed you use reverse entries to undo the wrong posted depreciation which i think will make user confuse. i suggest use cancel entries. Kindly refer steps below:
1. Go to FA Ledger Entry, find the depreciation entry that you need to cancel because u will post and calculate back
2. Click cancel entries, then click ok. go to FA GL Journal. Insert balance account the depreciation expense gl account.
3. then post, and u will see at fa ledger entries, the wrong depreciation entries will be remove, then u can use calculate depreciation function again.
above images same condition after nov-17 Reversed.
I reversed Nov month transaction
Then again I tried to calculate the depreciation for October 2017 but it doesn’t showing in Journal entry.
Calculation formate Oct-17
Depreciation Fixed Assets
Not Depreciation Fixed Assets
Inserting journal line
Calculation no more number interesting journal line M/O Oct-17
Jan-18 Calculation Ok
only Problem Calculation Depreciation Oct-17 to Dec-17
you reversed Nov month transaction or not?
If reversed ? then it will calculate.
if any other error facing then describe.
Pls need Slove Calculation Fixed assets
Sorry i did not understood
What T5612 FA
Please solve problem
Nov 17 Dec 17
Calculation formate
Depreciation Fixed Assets
Not Depreciation Fixed Assets
Inserting journal line
Calculation no more number interesting journal line
Please attach the screenshot.
#1
André Arnaud de Cal...
291,280
Super User 2024 Season 2
#2
Martin Dráb
230,235
Most Valuable Professional
#3
nmaenpaa
101,156
Share
Report
All responses (
Answers (
