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Former Member
Jul 28, 2007 at 05:29 AM

Asset Retirement Problem


Hi All,

Recently we have changed from Jan - Dec Fiscal Year to Apr - Mar. A Shortened Fiscal Year was introduced. Now, in the current Fiscal Year, when Asset Retirement is done through ABAON with the retirement date in the second half of the month, instead of just one month depreciation being posted, two month depreciation is being posted. Can someone kindly help me to resolve this issue?

Thanking you in advance for your help.