Posting Property Control Depreciation Transactions

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Navigate to the Property Control homepage and click Post Asset Depreciation. Enter all relevant information, noting the following:

  • Posting Date will be assigned to the resulting Journal Entry.
  • Depreciation Type should always be “Book.”
  • Fiscal Year and Accounting Period both correspond to the transactions to post.

Click Add Post PC Depreciation when done. The system will perform the posting procedure. When it is complete, the “Add Post PC Depreciation” button will be updated and displayed as “Update.”

To view the posting results, click on the “Results” tab. Then, click on “JE Ref #” to view the Journal Entry that was created. The total amount of the Journal Entry should equal the total amount of the depreciation transaction in the accounting period of interest on the final summary report.