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Forum Post: Fixed Assets - Very first depreciation

We have recently added a new company on our GP. The fiscal year is 7/1-6/30, and we entered one asset with the date of 12/31/2015, and tried to run the depreciation as of 1/31/2016 (FA period 2016-007), but it doesn't run with the following error message; "There are no transactions matching these restrictions. Modify your restrictions and process the batch again" FYI, when you go Card --> Fixed Assets --> Book, somehow the "Yearly Depr. Rate" shows $0 amount. Maybe something is wrong but I don't know how to fix it. I would really appreciate it if someone could help me out. Thank you so much for your time!

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