The end of our Financial period is Dec and we are tying to fully depreciate several items in November.
To achieve this , we have set the depreciation type of each asset to LVA- Immediate write off. What we have found, is that when running the Deprectaion run for Novermber, the items are depreciated at 1/2 of the NPV. Leaving a remanding NPV value of 1/2. Example as below
NVP at start of Nov $100
Depreciation in Nov $50
NVP at start of DEC $50
We require the asset to be fully depreciated in November. How can we achieve this?
Thanks in advance Lisa