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Importing accumulating depreciation using fixed assets

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Posted on by Richard Wheeler

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I have about 1,800 fixed assets to import. The acquisition date of all these assets is 12/9/2021. The GL posting for these assets has been done via ledger entries so all we are worried about is fixed assets.Is there any way to import all these assets with their accumulated depreciations through 8/31/2022? If not, can I import these assets and then update the accumulated depreciations while still maintain their remaining life cycles?

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Microsoft Dynamics GP

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Joseph Markovich 3,976 on at

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RE: Importing accumulating depreciation using fixed assets

You can run the depreciation routine with the ending date of 8/31/2022 -- GP will calculate the monthly amounts for each asset and show in the depreciation history for each asset.

Then in Routines > Fixed Assets > GL Posting, just delete the batch GP created since the entries to the GL have already been done.

I hope this helps.

Joe

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Norton4587 25 on at

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RE: Importing accumulating depreciation using fixed assets

Thanks for sharing. I found a lot of interesting information here.dgcustomerfirst

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