Can we associate additional landed cost to a previously capitalized fixed asset? — Cloud Customer Connect
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Can we associate additional landed cost to a previously capitalized fixed asset?

in Assets 3 comments

Summary:

Our client has a scenario wherein additional landed cost are incurred after the asset has been delivered and capitalized. is it still possible to associate the additional landed cost to the asset?

Are there certain criteria or condition to make this possible?

If possible, how does the depreciation catch up as the landed costs forms part of the asset?

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