Possible to allow the accumulated depreciation accounts of fixed assets available for journal entries?
I wanted to do a journal entry in the system after revaluation of a fixed asset but could not see the accumulated Depreciation accounts.
Under IFRS, I have to write off accumulated depreciation just like the journal entry below.
So in my case, i would select Accumulated depreciation , then select the asset and then enter the amount there to balance off the accumulated depreciation balance of that asset.
If anyone knows how I could go about and achieve what the journal entry there is achieving neatly in the system please share with me.