Depreciation reversal for 1 month.

[sridhar_muthekepalli3]

Dear friends

Regarding low value assets. Asset and depreciation transactions has been completed on january ending 09, the users wants to reverse the entrie asset transactions and again recalculate the depreciation in the previous month dec 08.

User wants to fully depreciate and retire the asset in the year dec 2008.

all the help will greatly appreciated

regards

Sridhar

[Former Member · Accepted solution]

Change the depreciaiton key on these assets to 0000 then do a repeat run for january 09.

This will reverse the depreciaiton.

Then open 2008 and run full depreciation.

Test this to confirm if it works