1. Go to Depreciation, Depreciate.
   Alternatively: 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.
   Note: Use the All Complete Assets group. If you need to change sorts or group criteria for the report, go to Reports, Standard reports. Run the Depreciation Expense Report after running depreciation with the changes.
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 below).
4. Select Send To: for either Window or Printer. Click OK.

Notes:

1. 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.
2. The Force Recalculation recalculates depreciation on the selected group of assets if the Calculate depreciation through the following date: is the same as the current through date already on the assets.
   • Depreciation This run amount will equal the total amount of depreciation taken since the Placed-in-Service Date, Beginning Date, or Period Close Date for each asset
   • 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
       
       Note: Running depreciation to a period before the current through date in the assets will have the same effect as Force Recalculation