Skip to Content
author's profile photo Former Member
Former Member

First acquisition date later than Depretiation calculation start date

Hello,

I have a problem with the calculation of depreciation.

I have an asset with First acquisition date: December 2011 and Depreciation calculation start date: January 2011.

Asset value 480 u20AC and useful life 4 years, so each year I want to depreciate 120 u20AC

I need to depreciate the asset from January 2011, so in December 2011 I need that planned depreciation was 120 u20AC (cumulated depreciation from January to December 2011) and then from January 2012 depreciation must be 10u20AC.

The problem is that the system always takes the first acquisition date as the depreciation calculation start date (in this case 10 u20AC in instead of 120 u20AC in December 2011)

How could I customize the system to take always the date that appears in "depreciation calculation start date" field, as the depreciation start date although the "first acquisition date" was a later date.

Thanks a lot for your help!

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Best Answer
    Posted on Nov 09, 2011 at 09:33 AM

    Please check your AFAMP settings.

    In AFAMS, Check your validity start entries.

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.