Once a month, or whenever you choose, you can run the Calculate Depreciation batch job. Assets that have been sold, assets that are blocked or inactive on the fixed asset card, and assets using the manual depreciation method are ignored.

To calculate depreciation automatically

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

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

    Note
    On the Options FastTab, if the Insert Bal. Account field is selected, a balancing line is created.

  3. On the Fixed Asset FastTab, you can set a filter to select the assets that you want to depreciate.

  4. Choose the OK button to calculate the depreciation.

    The batch job calculates the depreciation and creates lines in an FA G/L journal.

  5. In the Search box, enter FA G/L Journals, and then choose the related link to open the Fixed Asset G/L Journal window.

    In the No. of Depreciation Days field you can see how many days of depreciation have been calculated.

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

Tip

See Also