There are two methods for transferring a journal entry from the Asset Depreciation module to the Write-Up Processing module:
- Automatic posting from depreciation to general ledger
- Depreciation posts on a monthly basis only using this method.
- When using automatic posting, the last general ledger year-end date and last depreciation year-end date must be the same.
- General ledger transfer
For both methods, each asset record must contain an Expense and Accumulated Depreciation account in order to transfer the correct amounts to the General Ledger.