Depreciation Account not relate with Fixed Asset

rinki123

Ques:I am passing a Fixed Asset entryusing Fixed Asset Journal but when I check Depreciation Account(in Chart of Account) it shown nil value.I have done all the setup to link Depreciation Account with Fixed Assets then Why this is happening????(Is it Calculate autometically after all setup and passing entries or not???)

chengalasettyvsrao

Can you elaborate ?

ssingla

rinki123 wrote:

Ques:I am passing a Fixed Asset entryusing Fixed Asset Journal but when I check Depreciation Account(in Chart of Account) it shown nil value.I have done all the setup to link Depreciation Account with Fixed Assets then Why this is happening????(Is it Calculate autometically after all setup and passing entries or not???)

FA journal means you have not set G/L integration for Derpreciation in the"Depreciation Book". In case you want it to post then mark G/L integration true and use "FA G/L Journal".