Fixed Assets - EBS (MOSC)

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Why did an asset take on a service date of 01.03.2015

edited Dec 21, 2015 1:54PM in Fixed Assets - EBS (MOSC) 9 commentsAnswered


Ran request to capitalize assets on 07.04.2015.

The assets got a date placed in service of 01.03.2015.

Details:

February Period dates = 02.02.2015 to 01.03.2015       Closed on 18.03.2015

March Period Dates = 02.03.2015 to 29.03.2015           Closed on 14.04.2015

March and April periods were opened when we capitalised the assets. Why did the last day in the February get assigned to the asset as a date placed in service?


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