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Fixed Assets Retired With Half Year Convention show incorrect Retirement Date

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Posted on by Community Member Microsoft Employee

The user is on GP 11.00.1307. They wish to retire an asset in Period 1 and the asset is on a half year Averaging Convention. They understand that the depreciation will include periods 1-6 in the year of disposal however, the actual retirement/removal of the asset should be in period 1, when it left the building but the system is forcing it to period 6. Is this working as intended? How do others handle this?

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Community Member Microsoft Employee on at

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RE: Fixed Assets Retired With Half Year Convention show incorrect Retirement Date

Resolved in GP 2010 Service Pack 3.