Posting Appreciation Transactions from FA G/L Journals

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.

To Post Appreciation Transactions:

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

  2. Fill in the fields in the Fixed Asset G/L Journal window. For Help about a specific field, click the field and press F1.

  3. Click Functions and then Insert FA Bal. Account. The program now creates a second line with the balancing entry:

  4. Click Posting and then Post to post the journal.

Note

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.

Related Topics

Posting Appreciation Transactions

Posting Appreciation Transactions from FA Journals

Filling In and Posting FA G/L Journals