Hello,
We just made an update to the multilevel method that we have been using to take a special 100% depreciation for all assets capitalized in FY 2011 ie from Jan 2011. I was under the assumption that if we make a change to the depreciation key, the system would automatically recalculate the depreciation for the current FY. But the asset balance report still shows the old balances instead of 100 % acc: depreciation for assets created from FY start till the Multilevel change date.
Do we have to run the depreciation recalculation program or would the system correct the amounts automatically in the next depreciation run?
Thanks in advance...