Hie All
My client created a number of assets with a capitalisation date and asset first acqusition date as in JULY 2007. This is wrong as some of the assets where actually acquired in April. I went and changed the Asset capitalisation date to April without problems. But the asset value date and the date of first acquisition is still July 2007. Depreciation should start at 01 April 2007and I effected this in AS03.
When I ran the depreciation for April to Aug 2007 forall the Assets, the assets I refered to earlier only posted depreciation for 2 months,July and Aug insted of 5 months, Apr-Aug. Looks like they pick the date from the first day of Acquisition and not the capitalisation date or Depreciation start date. What can I do for it to recognise the Depn start date in the Master record of the asset.
Regards
Gary