My requirement is below:
Suppose if an asset is acquired on 19th Jun 2020 and has a Depreciation start date of 1st May 2020, which depreciation method to be selected for that asset? For many countries, the reason is sometimes we have few documentations or verification's pending for that asset and causing a delay in recording the fixed asset. Sometimes the asset is already in use and Business users have to change the depreciation start date manually to the Original depreciation start date of the asset. We would need to record the depreciation amount from that date(ex: 1st May 2020) though the acquisition date is 19th Jun 2020.
Please check and advise.
Thanks
Durga Prasad