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Depreciation is coded to an expense account (1 viewing) (1) Guest
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TOPIC: Depreciation is coded to an expense account
#1332
dave (User)
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Depreciation is coded to an expense account 15 Years, 5 Months ago  
Hasan

I would like to confirm that when depreciation is run for a particular period , its coded to a expense account
or to a cost center
 
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#1341
handsonerp (Admin)
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Re:Depreciation is coded to an expense account 15 Years, 5 Months ago  
Depreciation is always coded to an expense account. However if you have a cost center segment in your COA then you can code it to a cost center as well at the same time.

For example

01-5500-100

Where 01 is the company, 5500 is the depreciation expense, and 100 is the cost center.
 
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