Fixed Asset

At go live the decision was made not to run depreciation for the D1  ledgers for six months. This has now been completed and on reconciliation JDE has recalculated the depreciation for all disposed assets up to their disposal date, which has changed the disposal figures.

The change of depreciation has reduced the payment receipt/consideration for Vehicles only.

In the example attached the asset # 40003 AA Ledger = $10,477.88 – D1 Ledger value is $10,275.65 difference $202.23, which is the value in the Amount Memo Budgte in the F1202

It was my understanding, that once an asset was disposed the cost summary should have no value in the inception to date but this is not the case now .