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Capitalize an asset in current period but Depp and Asset life should start from next financial year

in Assets 3 comments

Hi,

We are looking for an option to capitalize an asset in the current period (for example: Sep-24) with Asset life of one year in the asset book with Jan-Dec Financial Calendar. But, the asset should start depreciating only from Next financial year i.e. 1st Jan 2025 till 31st Dec 2025 (Life of asset should adjusted based on the depreciation start date). Is there any option to acheive this?

Thanks in Advance,

Sahil

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