General Ledger Posting Report: Report Columns

The General Ledger Posting report shows total Depreciation This Run figures by G/L account number for all assets included in the report. The following guidelines provide detail on the nonstandard columns that appear on the General Ledger Posting report.

Journal Entry Number and Journal Entry

This column shows the journal entry number that you entered on the Report Definition window and the date through which you are posting depreciation expense.

General Ledger Account Number

This column lists all the G/L expense account numbers, then the G/L accumulated account numbers, for the assets included in the report. The system lists the account numbers in numeric order. The list can also include a blank G/L expense or accumulated account number. The blank account number is for assets without entries in these fields.

Account Name

The Account Name column shows whether the account number is a depreciation expense account or an accumulated depreciation account.

Debit

For all assets that use the G/L expense account number shown in the General Ledger Account Number column, the Debit column shows the total depreciation expense from the last depreciation run.

Credit

For all assets that use the G/L accumulated account number shown in the General Ledger Account column, the Credit column shows the accumulated depreciation that offsets the debit created by the depreciation expense from the last depreciation run.

The totals for the Debit and Credit columns are equal.