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No accounting period found for DD/MM/YYYY

edited Jun 2, 2025 2:45PM in Ask A Guru 10 comments

I was depreciating fixed assets an some of them gave the error "No accounting period found for DD/MM/YYYY".

The depreciation start date in one fixed asset that didn't depreciate is 26/02/2020, and the last depreciation date is 31/12/2023.

The accounting periods start at 2022.

Other asset that has the depreciation start date back to 2013 was depreciated.

I have the depreciation method setup as 4-4-5 Calendar Depreciation, and in the system setup I clicked on "Use accounting period dates for depreciation".

Do someone know why some of the assets with the depreciation start date prior to the open accounting period don't depreciate?

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