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Finance | Project Operations, Human Resources, ...
Suggested answer

How to stop depreciating Fixed assets when its service life has ended

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Posted on by 95

Hi Team,

I have one question regarding Fixed assets Service life.

Is there any way we can mention or configure the date that when the service life of the asset has ended, it stop depreciating the assets?

I am having issue in data where the system depreciating the fixed assets after its service life has ended and now shoeing the Negative value.

Thanks

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  • Suggested answer
    BillurSamdancioglu Profile Picture
    19,544 Most Valuable Professional on at
    RE: How to stop depreciating Fixed assets when its service life has ended

    Hi,

    On books is the allow negative book value is set to yes?

  • Daizy Profile Picture
    95 on at
    RE: How to stop depreciating Fixed assets when its service life has ended

    Hi Billur,

    Thanks for the reply. Yes it is set to yes but just wanted to know if there is any other setting as well for that or not

    Thanks

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