What would cause an asset to show a negative net book value? — Cloud Customer Connect
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What would cause an asset to show a negative net book value?

in Assets 3 comments

Summary:

Our Fixed Asset team has noticed that a small handful of assets will hold a negative net book value during the month, but after running depreciation at the end of the month, these values revert to positive. We are not sure what causes this and it is only happening on a few assets.

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