All,
Assets cost was $507.11 on 11/01/2011 peroidic dperciation is 14.13 and LTD Depreciatin shows 28.25.
Original Life is 3 yrs : Depreciation Method : Strainght-Line Orig Life.
This year user says the original cost was wrong and it was 5071.06 we have change cost. We ran depreciation Projection for 01/31/2012 but it give depreciation is 140.86$ we was thinking it will adjust/pass last year depreciation difference but it didn't.
Can someone help me to understand how system do depreciation when cost is changing.
Your earliest reply is highly appreciable.
Thanks
Sandip
*This post is locked for comments
I have the same question (0)