Depreciation Runs
Depreciation is managed from Depreciation. Runs are monthly and use the straight-line depreciation method. Generate a Draft Run Open Depreciation. Select the month. Generate the ru...
Depreciation is managed from Depreciation. Runs are monthly and use the straight-line depreciation method.
Generate a Draft Run
- Open Depreciation.
- Select the month.
- Generate the run.
- Review run lines, asset counts, and total depreciation.
The module prevents duplicate and out-of-order runs. The first run catches up from the available-for-use date; later runs must follow the latest posted month.
Review before posting: excluded assets, opening carrying values, current charges, closing values, useful-life warnings, category mappings, and the journal preview.
Post a Run
Post only after review. Posting updates asset carrying values and, when Accounting is enabled, creates a journal:
- Debit depreciation or amortization expense.
- Credit accumulated depreciation or accumulated amortization.
Depreciation continues while an asset is idle or under maintenance. It stops when fully depreciated, held for disposal, or disposed. Only the latest posted run can be reversed, restoring each asset's opening balances and reversing the journal when Accounting is enabled.
Expected result: the posted run, asset subledger balances, and Accounting journal agree for the selected period.