All Fixed Asset activities for the month have been completed. Depreciation Projection report has been ran and validated. 1. Navigate to Fixed Assets ; Transactions ; Asset Depreciation 2. Select specific Asset Type(s) or select none to run depreciation for all types 3. Subsidiary Select Kimray. 4. Depreciation Period Enter a date up to which assets will be depreciated (typically last day of the month) 5. Depreciation Reference Will populate in the Memo field on the depreciation journal entry 6. Click Depreciate Assets You will be redirected to the Status page where you can check the status of the depreciation. 1. Journal is created 2. Assets reference Last Depreciation Date 3. Catchup depreciation is captured correctly