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Unable to Suspend Depreciation for a Previously Closed Period

in Assets 1 comment

Summary:

Hi Team,

We have a scenario where user the date place in Service for the Original Assets is 30th September 2023. The user suspended depreciation for September 2023 and from October the depreciation was calculated by the system. Now user added one asset to the existing in Jan-24 without mentioning the Amortization date, this resulting in system calculating the additional depreciation and posted it in Jan-24. To nullify this effect, we added one negative line with the same amount (amount of addition) without mentioning the amortization date. This nullified the Additional depreciation calculated by the system to Zero. Now the user added

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