Calculating current depreciation for all assets

Alerts and notices

Current depreciation is automatically calculated for all assets, one at a time, as you enter them. However, if you change the fiscal year-end date or the Tables vs. Formula option in the Calculation tab of the Setup > Options dialog in the asset module, you need to recalculate depreciation for all assets for the open client.

Note: Amounts entered in the Prior Depreciation field on the Asset Detail dialog and any forced depreciation amounts are not altered by this procedure. See Recalculating a treatment's prior depreciation for all assets for details.

To recalculate current depreciation for all of the open client's assets, perform the following steps.

  1. Open the Asset List window for an activity.
  2. Choose Tasks > Calculate All Assets.