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Run depreciation

Quick answerIn MAJA Books go to Accountant → Fixed Assets and click Run Depreciation; MAJA previews every due period per asset and, when you confirm, posts Dr 5700 Depreciation Expense / Cr 1510 Accumulated Depreciation for each one.
Where: MAJA Books → Accountant → Fixed Assets → Run DepreciationWho: Anyone whose role may write fixed assets

Steps — all assets

  1. Click Accountant in the left menu, then Fixed Assets.
  2. Click Run Depreciation.
  3. Read the preview: each asset, the number of periods due and the amount, and the total.
  4. Click OK to post.

Steps — one asset

  1. In the asset register, click the asset.
  2. Click Run Depreciation (the button shows the number of periods due).
  3. Confirm.

What MAJA does for you

  • Posts one journal per due period, dated the end of that period: Dr 5700 Depreciation Expense / Cr 1510 Accumulated Depreciation.
  • Updates accumulated depreciation and net book value. An asset that reaches zero book value is marked fully depreciated.

Good to know

  • If nothing is due, MAJA says No depreciation periods are due.
  • Periods in a closed month are skipped and counted in the message. If all due periods are in closed months, reopen the month first (Accountant → Periods).
  • In Settings → Accounting, Depreciation Posting can be set to Automatic — prompt at month-end when periods are due. MAJA then asks you to review and post when periods are due; it never posts without asking.
People also ask
  • How do I post monthly depreciation in MAJA Books?
  • How do I run depreciation for one asset in MAJA?
  • Can MAJA post depreciation automatically?
  • Why was depreciation skipped for some months?
Still stuck? In the app, tap the ? button at the top and choose Chat with MAJA support — the screen you are on goes with your message and the reply comes to the same place (within one working day). Or write to support@majabooks.com, or ask MAJA's assistant (the round button at the bottom right of MAJA Books).