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Dec 12, 2012 at 03:53 PM

Depreciation posting

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Hi All,

I have a below requirement

If we bought an asset in 2011, but did not capitalize in Dec 2011, but in year 2012 then we decided to capitalize the asset, can we start calculate the depreciation in 2011? i.e. may be change one year depreciation to current period in 2012, then the balance in next two years. If this is possible, please let me know

Your guidane will be helpfull.

Rgds

Dhar