I have a fixed asset with the depreciation schedule set to depreciate every month (frequency=1 month). The asset was created 2-3 months ago, and should depreciate on 20 Nov (last month). Until now, there is no journal entry created for this asset. From what I understand, the system should automatically generate journal entry every month, right? But how come it didn’t? I have to manually go to the asset master, click on the scheduled date, and choose “create journal”.