Can someone advise me where I should look to to figure out why the depreciation is more that the assets value
all the assets are at Nill cost. I have no Idea why they were correct last year
but something has been lost in the updates
Your screen shots are inadequate for analysis. You must drill down on the balances to see what makes them up. Then you must trace the history of an asset, including the order transactions were entered.
Got it I must of set up the fixed asset control accounts in 2020. when I did an up date it left all the asset entry’s from the bank in an account called assets in the P&L. I have just gone through and changed them to the right asset accounts and now all good