Hi Heather, Thank you so much for responding to my ticket. Yes I use future placed in service dates for assets that we have not started using yet. To check that we were set up on periodic depreciation rather than monthly I went to Microsoft Dynamics GP->Tools->Setup->Fixed Assets->Book. This shows the depreciation period as periodic rather than daily. Also, our calendar is set up on a fiscal year rather than a calendar year ending on December 31st. Is there somewhere else that I would check for the averaging conventions? All of our assets should be on a straight line but I'm not certain how to check if they have diminishing values. I've spent a few hours already on the issues I am facing and what I've learned is that we are on straight line remaining life instead of straight line originating life. I suspect that this has something to do with the depreciation calculation being off. Also, when I change conventions in our test environment I am not seeing the journal entry that I would expect. I don't know if its a bug in our system or something else. Is there someone I can email about this?
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