Yes it does work for 12 periods. Remember that you
depreciate on a monthly basis. As long as you go
through the year end process after the 12th month,
everything will be ok. The 13th accounting period
should be used for year end accounting journal entries
only and should not be used as a period type of month
for depreciation.
--- Angie <
[email protected]> wrote:
> We are setting up 13 accounting periods but we only
> want to depreciate fixed assets over 12 periods.
> How does this work?
>
>
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