For those composite assets or asset components with a Depreciation Method of Manual, the Fixed Asset Depreciation (FE) transaction is used to record depreciation.
Create an instance of the Fixed Asset Depreciation transaction.
On the Header:
Enter or select the Fixed Asset Number and take the Auto Apply action.
If a composite asset enter Depreciation Amount.
On the Component tab, if the asset is not a composite asset:
Enter Depreciation Amount and other disposal details in a ‘new’ field.
Validate the transaction.
If errors exit, fix the errors and repeat step 4. If no errors exist, then continue with Step 6.
Submit the transaction.