Hello, I have a case where I capitalized an asset with a depreciation start date 7 months prior to the capitalization date. I found out the asset was not ready to capitalize so I set depreciation key to zero to stop recording depreciation. Now the asset is ready to capitalize (almost a year after initial capitalization). What steps do I need to take? Do I simply change depreciation key back to ZOVA and keep the useful life as the same as it had already taken 7 months of depreciation?
Thanks,
Ed
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