Today we will learn how to execute depreciation on all fixed assets.
Step 1:
Go on the following menu:
Main Menu --> Department --> Financial Management --> Fixed Asset --> Calculate Depreciation.
Step 2:
Enter the following information:
Depreciation Book | Enter the depreciation book |
FA Posting Date | Enter the FA posting Date |
Use Force No. of days | Not Applicable |
Force No. Days | Not Applicable |
Posting Date | Enter Posting Date |
Document No | Enter a document number |
Posting Description | Enter a posting description |
Insert Bal. Account | Allow tick this field |
Click on OK.
Step 3:
Click on Yes to open FA G/L Journal.
Step 4:
You will see that the system has calculated the depreciation amount automatically.
Click on the button POST to validate the data.
Click on OK to close
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