Depreciation - Full Year All Year

(0) Share

Report

Posted on by Peter Muchira

1,910

Hi all. I am encountering an issue after running depreciation for assets - under the Full Year All Year averaging convention. One asset, for instance, has a remaining life of a month. On running the depreciation, it distributes the Net Book Value across the remainder of the physical year. Instead, it should have fully depreciated this asset instead. Any input is welcome.

*This post is locked for comments