Depreciation FAQs
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How often does Mass Depreciation occur?
On a monthly basis, CORE will automatically run Mass Depreciation (ME). To view the Mass Depreciation Schedule, visit the CORE Calendar located on the homepage.
How do I view the last Mass Depreciation?
You will want to go to the FARCOMP table and select the hyperlink at the bottom of the page for the depreciation history.
What transactions do I need to use to remove accumulated depreciation and remove the cost of a Fixed Asset that has been donated?
To dispose of an asset you should utilize the FD transaction which does the depreciation removal as well as removing the asset from the books.