Fixed Assets - EBS (MOSC)

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Adjust the 'Life Years' of an asset from 3 yrs to 2 yrs after several months of Dep taken.

edited Oct 13, 2015 5:54PM in Fixed Assets - EBS (MOSC) 2 commentsAnswered ✓


Our FA manager would like to curtail the initial 'Life Years' of several assets (e.g. Change Life Years from 3 to 2) after already taking several month of depreciation.  What he doesn't want is an 'Adjustment' and take a hit for the month of the Adjustment.  He want's the 'Adjustment Amount' amortized for the remaining life. Essentially, use the 'Adjustment Amount' to increase the Depreciation Amount for the remaining Life that was changed.

How can I achieve this?

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