Fixed Assets - EBS (MOSC)

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DPIS is in prior year, after running dep still YTD and Accumulated depreciation are showing same

edited Feb 17, 2019 10:51AM in Fixed Assets - EBS (MOSC) 9 commentsAnswered

Hi Gurus,

Actually our FA calendar starts from 01-Jul-16 to 30-Jun-2017,

we have created one Asset in APR-17 ,asset life is 10 years and  value is 7500. But the Date placed in service is 01-APR-2016.

After running the depreciation system should consider the YTD depreciation as 625 for 10 months and Accumulated depreciation as 812.5 for 13 months since the DPIS is APR-16.

But it is not happening.

Both YTD and Accumulated Depreciation is showing as 812.5

Please provide your inputs in order to proceed further.

Thanks in Advance

Thanks & Regards

Koteswara Rao

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