Depreciation Ledger by Class

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Hello:

A GP 2015 R2 user is reviewing the Depreciation Ledger by Class Report, in order to try to reconcile the Accumulated Depreciation figure from the report as of 02/29/2012 with the Accumulated Depreciation account in General Ledger for February 2012.

The report's figure is $5k greater than the General Ledger.

So, I reviewed the Detail Inquiry window for the account. The only entry for this account in February 2012 was a $22k figure that was posted to the general ledger from Fixed Assets.

If that was the only entry for February and if the report tied to the General Ledger as of 01/31/2012, then why would there be a $5k discrepancy. Shouldn't the discrepancy be $22k?

I'm trying to ensure that this report ties historically. But, it becomes "untied" in February 2012.

And, this issue pertains to only on Fixed Assets class.

Thank you! Any insights are much appreciated!

John

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MG-16101311-0 26,225 on at

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I would start by reconciling the financial module to ensure all summaries are accurate in the first place.

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Hi Mariano:

Conducting the Financial Reconcile Utility did change one thing. Instead of the report and the G/L being out of balance as of February 2012, they're out of balance as of January 2012 by around $3k.

So, the basic issue remains.

Thanks for the response, though! As always, it's much appreciated!

John

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