Accelerating Depreciation so asset becomes fully reserved in under 1 year
We integrated Brazil into our Oracle FA app earlier this year. Their GAAP books are setup with a Flat depreciation method. A ledger we are currently integrating uses accelerated depreciation based on if the asset is used in 1, 2, or 3 production shifts, so an asset can actually become fully reserved in under 1 year. How can we fully reserve an asset in under 1 year, using the Flat depreciation method/rates, when the adjusted rate cannot exceed 100% (based on the message I receive when I try this)?