Problem: How do we fix the Calculate depreciation error?
The option to calculate depreciation in the month-end closing screen becomes accessible only after the "Enable Depreciation of Non-Current Assets" setting is activated in the Administration > Settings > Asset Management section.
When calculating asset depreciation, the "Closing the Month" document might show a warning.
Click on the triangle to read what the error is related to.
Go to the Fixed Assets directory. Open the inventory card of the fixed asset specified in the error description.
The card details display excessive depreciation, typically resulting from disorganized month-end closing procedures.
Cancel the closing of the months from the moment of the error to the current period.
Close the periods in chronological order.
The error will be fixed.
Thanks for being a First Bit Customer! #Month-End Closing#Depreciation of fixed assets#Error correction