Hello All -
I've created a new fixed asset to a group with a depreciation profile of Straight line life remaining and a service life of 5 years. However after creating the asset and navigating to the corporate book I notice that the depreciation periods are calculating to 24 months rather than what should be 60 months.
Has anyone else experienced this scenario? All of my setups look correct.
Notice below on the COMP-HDWR group/book setup screen shot that depreciation periods are calculated correctly at 60 months based on a service life of 5 years.
Once the asset is created the depreciation periods are calculated at 24 months.
Oddly enough, if I change the service life to 7 years on the assets book the depreciation periods will calculate to 30 months.
The client just recently upgrade to D365 version 10.0.46.
Thanks in advance for any advice you can offer.
Regards,
Barry