(v2190.00) Accumulated Depreciation

For historical periods, enter the total Accumulated Depreciation as it appears on the Balance Sheet. In forecast periods, you can forecast Accumulated Depreciation (v2190.00) or Accumulated Depreciation on Retirements (v2190.03). Strategic Finance calculates Accumulated Depreciation (v2190.00) in forecast periods by default, where you are forecasting and entering Accumulated Depreciation on Retirements (v2190.03) as follows:

  (v2190.00)  Accumulated Depreciation (prior period)

+ (v2190.01)  Depreciation Expense

- (v2190.03)  Accumulated Depreciation on Retirements

= (v2190.00)  Accumulated Depreciation

or you can forecast and enter the ending balance for Accumulated Depreciation (v2190.00) and Accumulated Depreciation on Retirements (v2190.03) is calculated:

  (v2190.00)  Accumulated Depreciation (prior period)

+ (v2190.01)  Depreciation Expense

- (v2190.00)  Accumulated Depreciation

= (v2190.03)  Accumulated Depreciation on Retirements

You must enter Depreciation Expense (v2190.01) and Accumulated Depreciation on Retirements (v2190.03) or Depreciation Expense (v2190.01) and Accumulated Depreciation (v2190.00). Strategic Finance calculates the remaining account.