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Prepare for next year ran twice in Fixed Asset Manager

You accidentally prepared for next year twice. If you do this, then you will need to revert back to the correct year.

Preparing for next year does the following:

  • Removes all disposed assets
  • Adds current year depreciation to prior year depreciation
  • Updates the unrecovered basis fields
  • Recalculates depreciation for the New Year
  • Advances the current year's date to the next fiscal year
How to fix it

To resolve this issue, revert to the correct year:

  1. Create a backup of your File. From the File menu, choose Backup, browse to the desired file location and click Backup
  2. Below are the locations for Fixed Asset Manger files by year.

    Windows 10/ Windows 8.1/ Windows 8/ Windows 7/ Window Vista

    • 2017:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM17\Backup\
    • 2016:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM15\Backup\
    • 2015:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM14\Backup\
    • 2014:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM13\Backup\
    • 2013:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM12\Backup\
    • 2012:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM11\Backup\
    • 2011:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM10\Backup\
    • 2010:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM09\Backup\
    • 2009:  C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files\FAM08\Backup\
       
  3. From the File menu, choose Client Information.
  4. Under the Dates tab, modify the year to the correct year and click OK.
  5. Click Recalculate all prior depreciation values and click OK.
KB ID# SLN42637
12/7/2016 6:04:52 PM
QYPPRDQBKSWS03 9138 Pro 2017 94cc74