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System calculating additional depreciation due to Suspended Period

in Assets 1 comment

Summary:

Hi Team,

The user has an asset whose Date Place In Service is 30th September. The user has suspended the depreciation for Sep-23. Now the current open period is Feb-24. Now the user wants to add one asset from to the existing asset and the amortization date for this addition is 1st Oct,2023. But when the user runs the depreciation for Feb-24, the system calculates adjustment depreciation in Feb-24. This Adjustment depreciation is the Depreciation on Original Cost of the Assets for Sep-23.

Expectation: The user wants that the both the assets should be depreciated from Oct-23 onwards only.

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