Asset depreciation and useful life

[Former Member]

Hi experts,

We have initially created an asset with depreciation start date as 01/04/2010 and useful life is 5 years.  After two years the depreciation start date has been changed to 01/04/2012 and the entire depreciation so far deducted has been written back and now we expect the asset to depreciate for 5 years from now i.e., 01/04/2012.  But we see that it is being depreciated only for 3 years taking into account the 2 years before depreciation writeback.  Kindly advice me regarding this.

Regards,

P.Krishna Chaitanya.

[Former Member · Accepted solution]

Hi

After you change the depreciation start date check the Expired useful life ,make it 0 when you save system will calcoulat depreciation again

Regards