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Former Member

Fixed Asset change in useful life

Hi Appreciate your help on this.

I have this fixed asset wherein I need to change the Useful life. After I changed the useful life and do depreciation, the system recompute the depreciation. For Example Asset 001 is depreciated Jan-Dec 2016 and Jan-June 2017. For July 2017 I have changed the useful life from 24 to 120. Client wants that the depreciation will not recompute based on the previous month but it will depreciate based on the last NBV.


*Fiscal Year

*Use Straight line depreciation

Thank you in advance for your help

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