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Transfer asset to Another book, Inherit depreciation rules of destination category not working

in Assets 4 comments

Summary:

We are testing Feature to transfer asset to another book feature. We are transferring asset across ledger and unchecked "Inherit depreciation rules of destination category" checkbox. But assets are created in new book with remaining life of asset as Original life of source asset (5 years) rather than just remaining life of asset.

Content (please ensure you mask any confidential information):

We are testing Feature to transfer asset to another book feature. We are transferring asset across ledger and hence Net Book Value Method is defaulted. Cost basis we selected is "Net Book Value of Source asset" and unchecked "Inherit depreciation rules of destination category" checkbox.

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