I may be overthinking this but thought I'd reach out anyway. Last month, I partially disposed 5 assets due to a sale. However, was just informed that the quantity was incorrect and as a result, the proceeds on the sales invoice changed. I've already calculated depreciation with a January period close date and need to rebook the sale with the new quantities to dispose of and new proceeds. I came across the "Delete last transaction" function a few months ago and thought this could be a way to undo the disposal and start over. Is it just as simple as deleting the last transaction on these disposed assets to make them active again? Or is my situation a bit more complicated? Will the asset be restored to pre-January depreciation numbers or can I somehow get it to restore to post-January depreciation (if that makes sense)?
I guess I'm just trying to make sure that the reports that come out of Sage will tie to our GL.
The Delete Last Transaction will undo the last Whole or Partial Transfer or Disposal done to the asset and return it to its original state as of the end on the month of the transaction. So the current thru date on that asset will still be January after the Delete Last Transaction. If you run depreciation for the asset back to December, enter the Partial Disposal with the corrected information, then run depreciation to January again, that should be all that is needed.
If needed you could rerun depreciation for just the selected assets. First run for the period prior to the one you want. Then run for that period.
By default, if you are looking at an asset's details, when you go to the Depreciation dialog, the Details asset will be selected.
Thank you both for your help!!