Converted Asset NBV

Hi,

We've uploaded assets using JE & Post to F/A. When assets are completely depreciated, the net book value of asset = depreciation expense account value = YTD depreciation.

It is straight line depreciation with computation method = P

Is it normal?

Example: asset 13005, start depreciation 01/01/2011; cost : 3000€ , life month 60

depreciation run for period 05/2016 , the asset is completely depreciated, with accumulated YTD depreciation = 3000/60 *5 = 250. It shows 250 in depreciation expense account and as net book value also.

Any idea?

Kr,

Pso