Running Depreciation on an Accounting Book
Depreciation computation and journal entry creation in Multi-Book Accounting for Fixed Assets Management is done per book. You can select the book that you want to depreciate, and the resulting journal entries created will use the Book Specific Journal Entry form.
Note:
A depreciation journal entry will not be created for depreciation history records that are not linked to an accounting book. These records will be depreciated when you run a depreciation for any book.
The Alternate Depreciation History subtab under the Tax Methods tab is combined with the Accounting Method Depreciation History in the Depreciation History tab. The combined subtab is named Depreciation History.
For more information about depreciating assets, see Asset Depreciation.