Run Depreciation

Before you begin

Verify that the Depreciation Frequency value in Capital Assets Configuration is set to the desired frequency.

See About General Ledger Transactions for information on the transactions created when you run depreciation.

Run depreciation

  1. Select Asset Management from the Purchasing & Payables / Capital Assets menu. The Asset Management window opens.

  2. Select Run Depreciation from the More menu, and the Run Depreciation popup opens. This window lists the depreciation periods based on the depreciation frequency selected in Capital Assets Configuration.

  3. Enter the Transaction Date, and click OK.

  4. Select one of two options.

  5. Repeat the Run Depreciation process for as many periods as indicated to complete depreciation for the accounting cycle.

 

Return to Asset Management Overview