Skip to main content

Notifications

Microsoft Dynamics GP (Archived)

Revising depreciation

Posted on by 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

  • Suggested answer
    Rick Hollis Profile Picture
    Rick Hollis 495 on at
    RE: Revising depreciation

    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:

    2018_2D00_02_2D00_18_5F00_19_2D00_57_2D00_46.jpg

    I would probably do this in a test company first just to make sure.

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Community AMA December 12th

Join us as we continue to demystify the Dynamics 365 Contact Center

New! Quick response templatesâš¡

Save time with the new custom templates!

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,151 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 229,963 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans