Reply To: Correcting Incorrectly setup Fixed Asset 13 Periods

  • Jo deRuiter

    February 5, 2024 at 8:13 am

    Hi David!

    I would recommend copying the company DB to a test DB.

    There, go ahead and edit the Fixed Assets (FA) calendar to 12 months

    Now, you have a choice – rerun depreciation as of Dec 31 2023 and it will post the corrections to 12/31/2023 or you can run it each month for 2023 to correct.

    Fixed Assets in GP has a wonderful functionality in that if you change something then it will calculate the correction and post it.

    If this does not work for you, let us know, but this should work!

Welcome to our new site!

Here you will find a wealth of information created for people  that are on a mission to redefine business models with cloud techinologies, AI, automation, low code / no code applications, data, security & more to compete in the Acceleration Economy!