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Microsoft Dynamics GP (Archived)

Fixed Assets - No Depreciation to now Depreciating

Posted on by 9,142

Hi

This seems like it might be impossible or at least tricky.  Maybe someone has done it.

Have an asset with place in service date of 31 March 2016.  Under depreciation rules at the time, it was no depreciation.

Now for the financial year beginning 1 June 2017, it needs to depreciate.

So for the period up to 31 May 2017 - we still want no depreciation.  But from now on, we want depreciation to calculate.

Because with No Depreciation, the depreciated to date does not change, if we change the asset now to depreciate, we get the calculation from place in service date until now.

Any ideas?

Cheers

Heather

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