Reclassify Asset category
Dear Experts
Our user have a requirement they need to reclassify exiting asset category to new define asset category current category has 12.5 % default rate define and new category has 33% rate,So to be full fill this requirement they did following workaround.
- Change asset category
- Done and save
- Run deprecation
After perform above step respectively they seems asset will adjust but according to GL reserve ledger report there Asset cost,depreciation amount and depreciation reserve become zero.
We need your guidance kindly correct us if we are getting wrong somewhere else or suggest us any other alternative way out to full fill above