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Former Member
Jan 14, 2009 at 10:17 PM

net book value negative of 1$

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We have a few assets where they were fully depreciaiton even before their useful life ends. These assets carry a 1$ of excess depreciaiton resulting in a negative netbook value. I have tried to correct it but there does not seem to be an simple way to correct it.

2 things of interest are

1) these assets have a depreciation key that uses straight line over the useful life

2) these assets have the negative net book value checked by default....

I have tried removing the check mark for the negative net book value allowed for the book depreciaiton but it does not seem to solve it.

Thank you