Skip to Content
avatar image
Former Member

Recommended Fixed Asset Settings-Subaquisitions

Depreciation Type (Straight Line), Monthly , Rate 12%

How should we setup the depreciation type in general tab window to get correct calculation of planned depreciation in case of sub-aquisitions?

Case Example:

Asset has been imported to the system with APC 69.6, Capitalization Date 19960101, Useful Life 100, Remaining Life 0, Accumulated Ordinary Depreciation 68.6.

AP Invoice was created using the same asset with APC 400, Capitalization Date 20160101. Then, the asset master record was updated with wrong calculation of Planned Depreciation.

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

0 Answers