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The 'Depreciate' button on the grid program recalculates LTD depreciation field from scratch. It does NOT calculate the depreciation for the current fiscal year. Another year's worth of depreciation will be automatically calculated and the LTD depreciation updated when an open period is closed. 
The checkboxes located on the left side of the grid are intended to be used with the depreciate button. You may check specific items to calculate depreciation on or you can use the top checkbox to select all items based on the filter you entered.
| Warning |
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Making changes to the depreciation information for existing items usually occurs when a district is cleaning up their data in preparation for GAAP reporting. Once a district is actively tracking depreciation, this program should be used only with extreme caution. (Refer to Historical vs. Recalculated depreciation). |
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