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The Depreciation is not calculated during month end closing.
Conditions
A new fixed asset Toyota RAV4 – 2025 (MVP000013) has been registered on 21/09/2026
- Initial Cost: AED 90,000
- Depreciation Method: Straight Line
- Useful Life: 48 months
Depreciate in Current Month is enabled.
- The setting Enable Depreciation of Non-Current Assets is enabled
- Month end closing has been executed in chronological order
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- Open Fixed Asset Statuses tab in Fixed Asset. Note that analytics for the "Other Non-Current Liabilities" GL account (4060000) match the document analytics (Company, Contract)
- Enable "Depreciate" and "Depreciate in current month" in each new Fixed Asset Status. Post.
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