Notifications
Announcements
No record found.
I need to change the remaining useful life of an asset, without changing the prior depreciation expense, i.e. the current net book value. Please advise. Thank you.
*This post is locked for comments
In the Fixed Asset card, for the needed depreciation book, delete the value in No. of Depreciation Years field, and then change the Depreciation Ending Date to desired.
Thank you sir. How about if the asset was fully depreciated in 2015 and i want to extend the asset's life span of the asset to 2018. How will i then compute depreciation for 2016?
Under review
Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.
As AI tools become more common, we’re introducing a Responsible AI Use…
We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…
These are the community rock stars!
Stay up to date on forum activity by subscribing.