[EM] How to adjust Depreciation

If depreciation is already posted but the purchase price changed:

1. Adjust the schedule:

   • Change months to depreciate, purchase amount, or residual value.

   • Click Calculate to update only the remaining months (past months are unaffected).

2. Delete and repost depreciation:

   • Go to EM Cost Adjustments for the month depreciation was posted.

   • File → Add Transactions → use F4 to find the depreciation entry.

   • Add to batch, change action to D (Delete), and post.

   • Adjust the EM Asset setup and repost depreciation.

   • If needed, update the last month depreciated flag in EM Company Parameters.

Notes:

• You cannot recalc a schedule with an earlier first month if depreciation was already taken—you must delete previous amounts first.

• For closed months:

  • Use File → Initialize Reversals to reverse all transactions for the month.

  • Remove any extra transactions from the batch before posting.

  • Alternatively, reopen the month, delete the batch, recalc the schedule if needed, and repost depreciation.