Client has incorrectly setup a FA book against the wrong Calendar.
There are over 700 assets against this book all now with incorrectly calculated depreciation due to the difference in the calendar periods
Is there anyway to reset the assets back to the migration / aquisition date and swap them to the correct calendar and recalculate the depreciation against the correct calendar!!
Both Calendars are a simple Straight Line depreciation it's just the period dates that are different.
I have no idea how this will affect the 9 period closes that have been performed or what the posting will look like!
Or is it better to wait until year end (both calendars share this date); at that point change the dates on the existing to match and just run normal activities from there.
There is no reset but you can mass update the books by dmf and then run the depreciation again. Please try in test environment first.
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