The effect of depreciation locking combined with adjustments to gross value

When working with Depreciation Locking switched on in Ledger Setup (LES), you should first run the depreciation calculation for all of the previous periods before manually posting any adjustments to the gross value of an asset in the current period.

However, when an asset value is increased (or decreased) using a V Marker in Ledger Entry (LEN) and Ledger Import (LIM), a warning message is displayed if the depreciation is not up to date. This is so that the revised depreciation takes effect only from the accounting period of the revised value.