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Need understanding on how depreciation for back dated assets calculated

Received Response
in Assets 14 comments

Summary: When we enter an asset and backdate the in-service date to a previous year, we are only seeing depreciation in the year we entered the asset. Are there additional steps that need to be performed in order to get depreciation to show up for the year we've backdated the asset to? When we did our conversion from Lawson, we did have depreciation displaying in prior years.

Content (please ensure you mask any confidential information):  Example:

Asset 618230 was entered in 2023 but backdated with an in-service date of 12/16/22. (see FA Depreciation Image1)

The depreciation is only showing in 2023 and we would expect to see some depreciation in 2022, as well. (see FA Depreciation Image2)

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