Fixed Asset Depreciation & Real Time Financials

ZIEGLJT

Member
Our company is in the process of trying to record transactions into our general ledger on a more frequent basis, in order to be able to produce more real-time financial statements.

One of the items that is only recorded once a month is depreciation. We are interested in capturing the depreciation costs on a more regular basis, perhaps weekly. Is anyone doing this in their environments? If so, how are you going about this in both the Fixed Assets part of the system and the General Ledger?

Jason Ziegler
I/T Business Unit Liaison
300 Madison Ave.
P.O. Box 10060
Toledo, OH 43699-0060

Office: 419.325.2218
Fax: 419.325.2419
Mobile:419.344.3944
e-mail: [email protected]
 
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