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Mar 10, 2010 at 04:30 PM

Error"Expns Account for ordinary depcreation below Zero couldn't find

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Hi

We are getting the error "Expns Account for ordinary depcreation below Zero could not be find".When Checked some assets are becoming negative with current period's depre run.

Eg:Asset value 500 , 4 yrs back and depre/month is 60.When coming to current period asset balance is only 40 but depreciation is 60 so it is giving above error.

How to resolve this?

1.can I give Expense depre GL in field "expense account bewlow zero"AO90 ?If gives what happens??does 60 post debit side and 20 posts credit side?

2.Is above method is correct?

3.Since this month balance is zero am I right in assuming that Zero asset won't be picked up for depreciation next month?

Please explain if I can do the above method?

hinfi