Fixed Assets - EBS (MOSC)

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Depreciation Adjustment and Depreciation run

edited Dec 5, 2014 9:35AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered ✓

Hi,

After tax book conversion, I unchecked depreciation flag(In the period of Conversion) for some of the assets and ran depreciation. Depreciation amounts for those assets got adjusted. I ran create accounting and the journals are created. Now, I want check the depreciation flag for those assets. If I Check depreciation flag and run depreciation and then run create accounting, What will be the new journal entries? Will it only calculate New  depreciation for the period only and then post journals related to only those depreciation amounts or Total depreciation amount(Depreciation adjusted + Period Depreciation)? Please let me know. Thanks.

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