Hello Fakhar,

When you are talking about the GL posting, you are talking about a summary report summarizing the Depreciation this run (DTR) amount sorted by GL Expense and GL Accum account numbers.

The Depreciation this run is not, by default, a monthly number but rather the amount of depreciation since the last time depreciation was run on an asset which is determined by the Prior Through date on the Depreciation Expense report. (see What is depreciation this run for more information)

Without know what the Prior through date is, on each individual asset, the amount in the DTR does not have a proper context for me to say anything about it.

~Delray

Thank you for the reply. I have attached a screenshot of GL posting for January depreciation. But in this report depreciation expense also includes December 2021 depreciation expense too, showing accumulated amount . How do i fix this issue in FAS which only provides us January depreciation expense figure. Thank you

That report tells me nothing because it is only totals of the DTR. Without knowing what the Prior through date is, on each individual asset, the amount in the DTR does not have a proper context for me to say anything about it. 

Hi Fakhar,

Was depreciation calculated for the month of January 2022 before running the GL Posting Report (or any other report, for that matter)? 

Open the Depreciate dialog to calculate depreciation on all your assets before running reports each month.

You can access it from the Depreciation Menu > Depreciate...

It can also be accessed by clicking "Calculate Depreciation" under the Tasks heading when in the Assets working area. 

For more information, click the help topic question in the bottom left corner of the Depreciate dialog.