Adjust Accumulated Depreciation

The Adjust Accumulated Depreciation option is used to change the values in the Depreciation Accumulated field for assets currently tracked in the Asset File Maintenance option in the Fixed Asset Inventory module.  Once the batch of accumulated depreciation adjustments is posted, the changes are reflected in the Asset File Maintenance option, and the necessary entries are posted to General Ledger (from the Fixed Asset Journal) to record the changes to the accumulated depreciation, if applicable.

Steps to Adjust Accumulated Depreciation

Steps to Change an Accumulated Depreciation Adjustment Before Posting

Steps to Delete an Accumulated Depreciation Adjustment Before Posting

Steps to Post Accumulated Depreciation Adjustments

Adjust Accumulated Depreciation Tutorial

Note:  In order to view the tutorial, you must have an active Internet connection, along with a sound card and speakers installed on your computer.