Asset depreciation to start from future date
Summary:
Hi Team, we are looking for a solution where users can select the depreciation start date for a capitalized asset to be in future period.
Content (please ensure you mask any confidential information):
We understand that, this can be achieved by defining a prorate convention and we have already implemented this, but we have different kind of assets with different logic for depreciation start date, due to which the prorate convention approach is not feasible. Is there any way, where user is allowed to select the depreciation start date of an asset, which will be a future date at the time of addition/capitalization of assets.