Fixed Assets – Depreciation

  • Fixed Assets – Depreciation

    Posted by DSC Communities on March 30, 2023 at 2:25 pm
    • Veronica Manicki


      March 30, 2023 at 2:25 PM

      Hi, We have an asset that is not completely depreciated so can’t retire it yet but want to stop depreciating it.  What are the steps to stop it from depreciating?  The Asset is up for sale and not in use at the time.  

      Veronica Manicki
      Madison WI

    • Pamela Stephenson


      April 4, 2023 at 10:03 AM

      We have just manually overrode the YTD depreciation with zero, (or whatever amount you want to depreciate), on the asset card, and adjusted the Life to Date figure, for this adjustment.  Be sure your depreciated to date, is the year-end, so that if you run a depreciation routine, it won’t add it back on.

      Pamela Stephenson
      Director of Accounting and Finance
      Ashley Ward, Inc.
      Mason OH

    DSC Communities replied 5 months, 4 weeks ago 1 Member · 0 Replies
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