Posts Tagged ‘General Ledger’

Making Adjustments to Depreciation (2009-6-22)

When calculating depreciation, there are many variables (Cost, Depreciation Method, Recovery Periods, First Year Convention and the accuracy of the original calculation) involved that impact the depreciation amount calculated for each accounting period.  This complexity causes differences between software packages.  Since the previously calculated numbers have already been entered into your General Ledger, new software [...]