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I was wondering if there is a way to stop the Fixed Asset Balances from moving in a historical year when you create a new Asset with an acquistion date in that year.
Ie: Enter a new asset with Acquistion date of 9/12/2011, on the 2/2/2012 and then run depreciation.
It will move the balance in 2011.
Is there anyway to stop balances from moving or do I have to just enter in the acquistion date in the current year?
Still wondering on this issue, does anyone know
You can enter the Acquisition Date in 2011. Make sure you enter the Place in Service Date in the Book Card on 2/2/2012. The Place in Service Date is when depreciation begins.