Hi:
We were testing Calculate Depreciation for each month in the first half of 2022 and comparing with depreciation calculations in a spreadsheet that show what amounts should result.
For January and February, we thought that depreciation figures from BC "tied" with those in the spreadsheet. But, then, we saw that one of the FA Posting Groups had been coded to an amortization account rather than a depreciation account.
So, I adjusted that Posting Group to post to the correct depreciation account.
Then, we ran Calculate Depreciation for March. It still posted some depreciation to the wrong account (i.e., the amortization account)!!!
We closed out, came back in, and ran depreciation for April. Then, depreciation posted to the proper account and not to amortization.
But, we then found that depreciation figures for each group were off from those of the spreadsheet.
This inaccuracy continued to get worse, when we kept running Calculate Depreciation for subsequent months.
Again, aside from finding that some depreciation in BC contained amortization due to wrong FA Posting Group coding, depreciation was accurate in the beginning. It just somehow got worse.
Some assets have many decimal places for years of life, while others have no decimal places.
Could that be causing the wild discrepancies? Is there a fix?
Thanks!
John
