When an asset already has realized depreciation enter the depreciation using one of these options, depending on the detail needed:

  1. Accumulated Depreciation Transaction
    1. Enter an Accumulated Depreciation for the depreciation prior to the current depreciation year.
    2. Enter a Year to Date Depreciation for the current year depreciation.
      Note: Alternatively, you can calculate each period in the current year instead of a Year to Date transaction.
    3. Select a status of "Do Not Post" if this depreciation has already been recorded in your General Ledger.
  2. Annual Depreciation Transactions
    1. Enter Annual Depreciation transactions for each prior depreciation year.
    2. Enter a Year to Date Depreciation transaction for the current year depreciation.
      Note: Alternatively, you can calculate each period in the current year instead of a Year to Date transaction.
    3. Select a status of "Do Not Post" if this depreciation has already been recorded in your General Ledger.
  3. Calculate Each Period's Depreciation
    1. Establish past depreciation years, if they do not already exists for the periods being calculated.
    2. Calculate depreciation for each period.

    Other useful solutions:

    Fixed Assets 7