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Option to Stop Re-Defaulting The Useful Life When Capitalizing CIP Asset

in Assets

Summary:

Is there an option to stop the system from re-defaulting the useful life of a CIP asset when it is capitalized?

Content (please ensure you mask any confidential information):

Scenario:

  1. CIP asset created and the useful life is already known that it will be 5 years. The default for this category is 3 years but this is an exception based on known factors of the particular asset.
  2. When CIP is capitalized the system re-defaults the useful life to 3 years even though the CIP asset had been created with a 5 year life.

Version (include the version you are using, if applicable):



Code Snippet (add any code snippets that support your topic, if applicable):

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