Appreciation is an increase in the value of a fixed asset, typically land and buildings. It can also be used for a fixed asset such as an oil platform that increases in value because of an increase in demand for the item.
To post appreciation transactions to a depreciation book for which appreciation has G/L integration you must use an FA G/L journal.
To post an appreciation transaction to a depreciation book for which appreciation does NOT have G/L integration, you must use an FA journal.
Open the Fixed Asset G/L Journal window.
Fill in the fields in the Fixed Asset G/L Journal window. For Help about a specific field, click the field and press F1.
Click Functions and then Insert FA Bal. Account. The program now creates a second line with the balancing entry:
Click Posting and then Post to post the journal.
On the FA Posting Group card enter the G/L debit account in the Appreciation Account field on the General tab.
In the Appreciation Bal. Account field, enter the G/L account to which you want to post balancing entries for appreciation.
Posting Appreciation Transactions
Posting Appreciation Transactions from FA Journals
Filling In and Posting FA G/L Journals