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NAV2018 - Month End depreciation doesn't use book value

  • 1.  NAV2018 - Month End depreciation doesn't use book value

    TOP CONTRIBUTOR
    Posted Apr 11, 2019 09:42 AM
    ​I have a FA we entered on 2019-01-01 with an initial depreciation on 2019-01-01 for what was depreciated before we started using NAV2018.
    Then when we want to use depreciation, it calculates based on full initial value instead of book value (which displays correctly on the FA).

    Any tips on what to check to fix this?

    Thanks,

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    Samuel Champoux
    IT Director
    Drummondville QC Canada
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    NAVUG Summit - Post


  • 2.  RE: NAV2018 - Month End depreciation doesn't use book value

    Posted Apr 12, 2019 09:58 AM
    Hi, The Depreciation Calculation starts from the LAST depreciation entry. If you are adding acquisition costs periodically as well as running depreciation, then either in the Journal or on the Purchase Invoice Lines, there are fields available, but not visible by default, which allow you to flag the entry to "depreciate" the period between the last depreciation date and the posting date of the new acquisition cost being posted. This will happen at the same time as the acquisition posting.  This will ensure that acquisitions and depreciation are kept in sync.

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    Andrew Hazen
    BDO Holding B.V.
    Mississauga ON
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    NAVUG Summit - Post


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