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Fixed Assets depreciated with balance

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Posted on 28 Jul 2023 21:55:59 by 220
Hi team,
 
  I have some Fixed Assets totally depreciated with balance, What I can do to correct?
 
 
Regards
Julia
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  • Suggested answer
    Lisa at AonC.com Profile Picture
    Lisa at AonC.com 3,149 on 01 Aug 2023 at 02:47:55
    Fixed Assets depreciated with balance
    You'll need to research what has caused the asset to have a balance.  (Is the life incorrect?  Depreciation missing?)  Once you understand what may have happened, you'll need to resolve the issue.  The resolution may include needing to reverse prior depreciation, correct the asset setup, and then re-depreciate.

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