I'm new to Ainak and trying to calculate depreciation expense. If I run the report, depreciation is not calculating correctly. For example, it calculates depreciation for fully depreciated assets. Please let me know how to fix the issue.
I'm new to Ainak and trying to calculate depreciation expense. If I run the report, depreciation is not calculating correctly. For example, it calculates depreciation for fully depreciated assets. Please let me know how to fix the issue.
Hello Eriko,
You are looking at the Depreciation this run column, so one of the first things you need to understand is: What is depreciation this run.
The question really become what is the Prior through date on the asset. If it not the prior month, it is probably not what you are looking for which leads to the fix of: Depreciation this run is too high.
It is all a matter of which report you actually need to look at, and it is rarely the report on the first run of depreciation that you actually want to read.
~Delray
Hello Eriko,
You are looking at the Depreciation this run column, so one of the first things you need to understand is: What is depreciation this run.
The question really become what is the Prior through date on the asset. If it not the prior month, it is probably not what you are looking for which leads to the fix of: Depreciation this run is too high.
It is all a matter of which report you actually need to look at, and it is rarely the report on the first run of depreciation that you actually want to read.
~Delray
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