Is it possible to change the date placed in service if depreciation has not yet been run?
Summary: Is it possible to change the date placed in service in cases where depreciation has not yet been run?
Hi, we need to change the date placed in service for few assets in cases where the prorate convention is in future months.
For example, Asset #1 prorate date: 12/31/2024. DPIS: 01/01/2024.
In this case, On Dec-24, the system will calculate a 1 year depreciation.
We need that the calculation will start on Dec-2024.
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