I have had difficulty understanding how depreciation of assets worked within QF and also in general, but after reading various posts I got my head around where the postings for depreciations should be posted.
So, I started again from the beginning to correct my previous misunderstanding. In the process of doing this I created two further Fixed Assets and related Depreciation nominals;
0060 Vehicle Reg. Plates
0061 Vehicle Reg. Plates Depreciation
0070 Climbing Kit
0071 Climbing Kit Depreciation
When doing a Balance Sheet (for the first year 30/11/2012) these two new classes of Fixed Assets are not reporting the Accumulated Depreciation next to the relevant Fixed Asset but reporting these depreciations further down on the report at Current Liabilities (only Climbing Kit Depreciation shown as Vehicle Reg. Plates Depreciation has not yet been used).
Is there something that needs to be done so the Accumulated Depreciations for these new nominals appear in the correct place on the Balance Sheet?