Hello,
When I want to run the depreciation in GP, can I select all books at the same tome ( Internal, AMT, Tax & State)?
if so , then do I need to book the journal entry for each ?
Because currently I am working with FAS and I run the monthly deprecation for all 4 books and save the report in our network drive but I only book the journal entry for internal book in our accounting software.
In the past I used to work in GP but now I can't recall the process!!
but my commons sense saying if I run all 4 books in GP then I will need to book 4 journals for different books. Correct? if this is the case then deprecation expense will be overstated and if I only book for internal , then I will have open transaction in GL posting window .
It is really appreciated if please help me
Roya
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