Pause Depreciation and move the life if Depreciation is suspended
Hi, Our client wants to have a Local or Tax book that will suspend depreciation on first month, and then resume depreciation to the next month. But we are using Calculated Straight Line Method. When we suspend the Depreciation Flag on Jul-22 for example, and resume it in Aug-22, if Life is 1 year (12 months) with 12,000 amount.
Jul-22 Depreciation = 0
Aug-22 Depreciation = 2,000 (when resume depreciation) but expected of client is 1,000 only and should be fully depreciated on Aug-23 as 12th month because we suspend the depreciation flag on Jul-22
What can we use to be able to achieve the Client requirement. I am looking at Formula, but there are limited variables I can use.