No current depreciation for assets in monthly client

As the months are closed in a monthly client, the current depreciation for the month is added to the YTD depreciation. For assets that are in their final year of depreciation, once the total amount is in the
YTD
field, this amount won’t recalculate. Therefore, if you move back to a prior month, the asset will appear to be fully depreciated (for example, there won’t be any current depreciation and the
YTD
field will contain the total amount of depreciation for the year).
The solution is to move back to January (or the 1st month of the year for FYE clients) and close forward again. So in a client with assets in their final year of depreciation, the only way to generate accurate reports in a prior month is to move to January and close to the proper month. The reclosing won’t affect acquisitions entered in later months.
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