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Issue:
When I create a new asset, the “Allow depreciation when placed in service and disposal are in the same financial year” checkbox on the asset model is defaulting to “No”.
I would have thought this setting could be set at the FA parameter level or value model level but I can only see this field on the asset record itself.
I did some research and I found this field does exist on the Asset Parameters table -“IsDisposalSameYear” but it’s not visible on the parameter form. (see screenshot).
Also in the table this field is checked i.e set to Yes (see screenshot).
Does anyone know if this field should be a configurable field in the Asset parameter form?
Based on how this is defaulted to Yes in the parameters table I would expect this also to get set to Yes when I create the new assets but it isn’t (see screenshot).
So every time an asset is created you have to manually go in to the value model form and set this field to checked. If a user forgets to do this manual step then when the asset is disposed of and it was acquired in the same year, the depreciation gets reversed calculating the NBV incorrectly.
Has anyone come across this issue before and found a solution?
Thanks
Suzanne
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