Hi,   I’m looking at a detailed depreciation expense report ending Dec 31, 2008.   On one of the assets I noticed that the Current YTD depreciation is $400 however the current accum depreciation is $450.00.  This asset had a value of $1800 and was set up with a life of 3 years (Straight Line depreciation) and a ...

  We have a few assets that should have been disposed of on 1/1/09.  However, we’ve been calculating depreciation all year.  Can you tell me the best way to go back and reverse the 2009 depreciation on these assets and also to dispose of them?  I want to make sure when everything is done that my GL and FAS numbers match ...

We currently have (13) companies set up in our FAS Asset System.   These (13) companies represent our various centers.  We are thinking it would be practical to have these set up as (1) company in FAS which would require us to perform a merge.  Has anyone ever merged companies?  I welcome any ...

 I've been researching this and I agree with your suggestion. Thank you.

 I have an asset from 2008 that we received a credit towards in 2009.  Normally, the practice here was to enter the credit as a new asset.  Through a training course, i knew you could make an adjustment to the asset.  Keep in mind, the 2008 depreciation expense reports have been given to our auditors so we don't want these ...