Depreciation/What-If
Discussion List
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Why fixed asset disposal report shown different GL account for the same assetSummary: Fixed Asset Disposal Report Shown Different GL Account For The Same Asset After the asset is retired, ran FA Disposal report from the dashboard and the output i… -
Prorate Date - Half year convention - Change in Fiscal CalendarSummary: Change in fiscal year impacts converted assets with Half-Year convention. Content (required): We onboarded a new market and the Assets were converted to our cur…
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Recommended depreciation method (year1= 40%, year2 = 15%, year3 = 15%, etc)Summary: What is the recommended depreciation method for the following schedule (year1 = 40%, year2 = 15%, year3 = 15%, year4 = 15%, year5 = 15%)? Content (required): Re…
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Asset Category Depreciate Flag set to NoSummary: Dear Experts , We have an asset added to category where depreciate flag is set to No, Asset was added in July and in September we have changed the asset categor…
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Depreciation rounding logicSummary: I am looking to understand how depreciation rounding works and if there is a way to setup a specific number of decimals Content (required): We noticed a slight … -
Setup a new table depreciation method that's not workingSummary: Setup a new table depreciation method (attached) that should use 40% year 1 period 7 through year 2 period 6 and then 15% after that. It's not working. Content …
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Depreciation Expense is appearing zero in Asset Cost and Reserve report for Tax Asset BookSummary: We ran depreciation for the current period and then submitted Asset Cost & Reserve Report ESS job for the previous closed period. The report generated is showin…
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Depreciation CalculationSummary Need to start calculating depreciation for an asset which previously had not depreciatedContent Hi, My client purchases assets such as computers and maintain the…
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Asset Adjusted due to incorrect life need desired resultsSummary: Assets uploaded with wrong life . Depreciation values changes. Realized later by the user. Now system is not allowing to get expected results if we change life … -
Depreciation calculation after Adjustment to AssetSummary: An Asset Cost is Its life was periods 120 which was put wrongly. so it calculated YTD depreciation for May 2022 as When adjusted and corrected to Life in period…
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Option to rollback Depreciation for current monthSummary: Earlier it use to be the depreciation would not effect and after calculate depreciation it use to roll back until accounting or period close how this can be ach…
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How to calculate depreciation as per Diminishing value method in Australia for Tax Asset BookSummary: How to calculate depreciation as per diminishing value method in Australia for Tax Asset Book Content (required): As per straight line - If Asset cost is $80000…
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Depreciation & Prorate calendars are half yearly and prorate convention Calendar is yearly?Summary: Below are my requirements, Client wants to have the Asset calendars and Prorate conventions as given below. My Questions is will this requirement is achievable …
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Create Account Assets- Missed running create Accounting for AssetsSummary: Dear Experts, We run create accounting Manually , FA user has missed running created accounting for one of the books and periods was closed . Ex Jan Period Clos…
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Guidance on using unplanned depreciation, bonus depreciation or any other accelerated methods?Summary: We are using Fixed assets in the Cloud. Where can we find guidance and also examples for using unplanned depreciation, bonus depreciation or any other accelerat…