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Jan 27, 2023 at 02:35 PM

Depreciation run reversal

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Hello Everyone,

I want to do a depreciation run reversal and i need your advice on the following

There was a change in GL account description (from motor vehicle to computer equipment) and a new GL account created for computer equipment and the mappings had already been done for the account determination for motor vehicle. i.e. the account determination for motor vehicle was still mapped to its old GL account which is now for computer equipment and it affect depr run postings. When depr run was done and the journal was posted, it was observed that the depr value for motor vehicle was calculated along side that of computer equipment. I have a few questions to ask

1. Can the reversal be done based on fixed asset class or the fixed assets.

2. Would i have to do a reversal for the computer equipment also in order to get the correct depreciation value for that period

Note; Depreciation was done for all fixed asset at a particular period

Regards

Marcel