|Contra Account||Select the Depreciation Expense Account as the contra account. When you balance the batch, TurboCASH will create the balancing entries to this account.|
|Contra Account per Line||Leave blank.|
|No Tax||Select this field, since no Tax should be applicable on Depreciation transactions.|
|Increment Reference Number||
Select this field to increment the reference number when
the next transaction is entered. |
Leave blank, if the same reference number applies to all the transactions in the batch or journal.
|Reverse Contra||Leave blank.|
If you select consolidate balancing, TurboCASH will
consolidate all balancing entries into one entry. You may manually change the descriptions
of the balancing entries to reflect a summary of the entries to the balancing
If left blank, balancing entices (transactions) will automatically be created for each of the transactions to the contra account.
|Inclusive mode||Leave blank.|
|Repeat Details||If this field is selected, the description of the previous line will be repeated in a new line or row. You normally will not select this field, unless your entries are of a very repetitive nature.|
|Amount Entry||Select Credit to enter only the credit transactions for the accumulated depreciation sub-accounts of your fixed assets.|
|Always Balance||Leave blank.|
|Not Open Item Batch||Leave blank.|
|Remember Tax on Contra Account||Leave blank.|
|Remember Contra on Account||Leave blank.|
|Account code lookup type||
Select General Ledger to display only General Ledger Accounts (excluding Debtors, Creditor and Ledgers Special).
|Contra account code lookup type||Select General Ledger to display only General Ledger Accounts (excluding Debtors, Creditor and Ledgers Special).|
The Amount Entry Option for the General Journal or Depreciation Journal should be set as credit.