Depreciation calculation after Adjustment to Asset
An Asset Cost is
Its life was periods 120 which was put wrongly. so it calculated YTD depreciation for May 2022 as
When adjusted and corrected to Life in periods 400 we again ran depreciation and it is calculating
whereas if we see on the Asset inquiry the Monthly depreciation is calculated correctly. Please refer to attach a screenshot with circled in RED. 14850.10 which seems to be correct for the Month.
But in Journal Ledger Reserve report it is showing
which is not clear why.
for those asset which we didnt change the depreciation is Correct for the month.But encircled in RED is wrong