1. Go to Depreciation, Depreciate. Or In the Task list with the company open, click Calculate Depreciation.
2. Select the Group and check the box for Books you want to depreciate.
3. Under Calculate depreciation through the following date, enter the date required for depreciation. Check Update current reporting period and determine if you need to use Force Recalculation (see Important Information below).
4. Select Send To for either Window or Printer. 
5. Click OK. The system will generate a Depreciation Expense report.

Important Information

• The Update current reporting period saves the date enter for the depreciation date. This value will be available on all reports under Reports, Standard reports, which use the current period date.
• The Force Recalculation will recalculate depreciation on the selected group of assets if:
  • The Calculate depreciation through the following date is the same as the current through date on the assets.
  • This run amount shows the total depreciation taken for each asset. It calculates from the Placed-in-Service, Beginning, or Period Close date.

  Only select Force Recalculation if:

  • • The Fiscal Year End changed
    • You added a Short Year to the Company
    • You used the 168 Allowance Switch to apply/undo 168 Allowance
    • You used the MARCS Convention Switch to apply/remove the Mid-quarter Convention
    • Running depreciation to a period before the current through date works the same as Force Recalculation

How to apply 168 allowance
Asset is missing from depreciation expense report
How to Apply Mid-quarter
How to sort a report
How to undo depreciation