How to: Cancel and Recalculate Depreciation

If you run the Calculate Depreciation batch job, and then post an incorrect depreciation entry, you can cancel it with the Cancel FA Ledger Entries batch job. You can then post the correct amount of depreciation by running the Calculate Depreciation batch job again.

To cancel and recalculate depreciation

1. In the Search box, enter Depreciation Books, and then choose the related link.

2. Select the relevant depreciation book. On the Home tab, choose Edit to open the Depreciation Book Card window.

3. On the Options FastTab, fill in the fields.

4. On the Fixed Asset FastTab, set a filter to select the assets for which you want to cancel entries.

5. Choose the OK button to start the batch job.

6. Close the window.

7. In the Search box, enter FA G/L Journals, and then choose the related link.

   You will see that the FA Error Entry No. field has been filled in.

8. On the Home tab, choose Post to post the journal.

   The lines are posted as FA error ledger entries.

See Also

Tasks

How to: Post Depreciation Manually by Using Fixed Asset General Ledger Journals
How to: Post Depreciation Manually by Using Fixed Asset Journals
How to: Calculate Depreciation Automatically
How to: View Fixed Asset Ledger Entires
How to: View Fixed Asset Error Ledger Entries

Concepts

Depreciate or Amortize Assets

Other Resources

Calculate Depreciation
Cancel FA Ledger Entries
Calculate Depreciation