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Post Info TOPIC: Depriciation
Feefles


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Depriciation
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Hi ,

I have not long upgraded to sage accounts plus and I am setting up a FAR, once I have set up a record it says next months depriciation amount with is for 1 month only,

my question is do you have to do month ends for it to process the depriciation or will it sort itself out at the end of year when that is processed?? I havent ran a month end since we started (18 months ago) so will I have to start doing it to make the FAR worth having??



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gbm


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I don't use FAR in Sage, but I would have thought that the system has to know when to actually charge depreciation, so a month end would probably need doing. I think sage uses the same logic for reversing accruals and prepayments.


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nautica


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Hi Feefles

    Yes you will have to run your month end for the Depriciation or you could just do it all at the end of year



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