5,195
hi,
one of the company in gp2013, i have to revise the depreciation in the fixed asset the main issue happens this company is having asset to be retire on 2016 and that year is already open. my finance team need to revise the depreciation to retire the asset on 2016 but they run the depreciation till 2017-October . please advice how can i do the best practice.
reagrds,
Refeesh Ali
*This post is locked for comments
You should be able to back out depreciation for a single asset using the Depreciate One Asset Window (Routines - Fixed Assets - Depreciation One Asset). Just put the Depreciation Target Date back to the Period/Year you need to reverse out.
You should get a message like this:
I would probably do this in a test company first just to make sure.
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#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 (