TRAX MANUALS > G/L Interface > G/L Interface Module > G/L Interface, Query Menu > Journal Entries Query > Journal Entries Transaction by Category and Code > DEPRECIATION

A 'DEPRECIATION' takes place when a component is depreciated only when a Fixed Asset Depreciation is run.

Note: TRAX performs depreciation only via the Straight Line Depreciation Method.

The Fixed Asset Depreciation method must be performed by administrators. This option is found via G/L Interface/Update/Fixed Asset Depreciation. From that window select the Save button. All P/Ns for the date setting will be depreciated by selecting 'OK'.

Note: When G/L Interface Switch COMPANYMULTI is set to 'Yes', depreciation affects all transactions generated by parent companies and their subsidized airlines. For more information regarding the multi-company functionality, refer to Switch COMPANYMULTI via the G/L Interface Switches Manual.

From the Journal Entry Detail Query window, users can see the adjustments against the G/L.

Notice the Category Codes read 'DEPRECIATION'.

For more information regarding the depreciation of a part, refer to the topics Running Fixed Asset Depreciation and Running a Month End Closing In TRAX.