Canceling and Recalculating 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. Open the Cancel FA Ledger Entries batch job request form.

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

  3. On the Options tab, fill in the fields. For Help about a specific field, click the field and press F1.

  4. Click OK to start the batch job.

  5. Close the window.

  6. Open the Fixed Asset G/L Journal window.

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

  7. To post the journal, click Posting, Post, and then click Yes.

    The lines are posted as FA error ledger entries.

Related Topics

Posting Depreciation

Posting Depreciation Manually by Using FA G/L Journals

Posting Depreciation Manually by Using FA Journals

Calculating DepreciationsAutomatically

Viewing Depreciation Ledger Entries

Viewing FA Error Ledger Entries