General Journals

• Enabling the posting of Red Reversal transactions

Automatic Reading of Depreciation Start Date

In the fixed assets list, the depreciation start date is automatically read. For this purpose, two additional fields have been added to the list:

• Depreciation Start Date
• Disposed Of (indicating whether the fixed asset has been removed)

Depending on the fulfillment of the conditions below, the appropriate date is assigned to the item on the list:

• If the Default Depreciation Book field is filled in on the Fixed Assets Settings page and this book is assigned to the given fixed asset, the date appropriate for this book is assigned.
• If the above field is unfilled or the book is not assigned to the selected fixed asset, the date of the first entry in the fixed asset card is assigned.