Run Depreciation Processing for Additional Books
You can process depreciation for asset items for additional books that you maintain for tax purposes or other non-financial reporting.
When you process depreciation for additional books, depreciation and amortization are processed for all additional books at one time. You cannot run depreciation processing separately for individual additional books.
The Use Files to Group Transactions option in determines how journal entries are posted. Select Yes to group your entries in batches. Select No to post journal entry files individually.
Prerequisites: Before you can process depreciation for additional books for asset items, you must:
- Be sure that an asset item's status is
Active in the
Asset Status field on the GL Book tab in the Equipment hub.
Asset items that are created automatically from purchase orders and accounts payable vouchers have an inactive status that you must change to active.
- Enter depreciation information for asset items on the GL Cost, GL Book, and Additional Book tabs in the Equipment hub.
To run depreciation processing for your additional books: