I have another assset I need to place into service but I have already run the depreciation for the month. My question is can I re-run depreciation after placing this asset into service without messing anything up?
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I have another assset I need to place into service but I have already run the depreciation for the month. My question is can I re-run depreciation after placing this asset into service without messing anything up?
*This post is locked for comments
Great! Thanks Howard
You can rerun depreciation for the same period. The system will look at the depreciated to date on the fixed asset book card and will not duplicate any depreciation.
Almas Mahfooz
3
User Group Leader