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Run asset depreciation and post it to the nominal

Run asset depreciation and post it to the nominal ledger:

  1. Click Assets, then click Assets.

  2. Select the asset you want to depreciate, then click Depreciate on the top bar.

  3. Enter the depreciation date, a reference, and notes if needed, then click Add to Batch.

  4. Under Assets, enter the Depreciation % and click Save.

  5. Where it shows In Progress, click Complete, then click Yes.

  6. Click Assets, then click Utilities, then click Update Nominal.

  7. Click + New.

  8. Under Summary and Defaults, enter the relevant information for the asset.

  9. Select the Depreciation checkbox and click Save.

  10. Click Complete, then click Yes.

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