Fixed Assets - EBS (MOSC)

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Life to date Depreciation cannot be greater than the recoverable cost

edited Jul 4, 2017 5:03AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

We are bringing New Assets to the existing Corp and Tax books from the newly acquired Acquisition and when we run the mid-year Depreciation (Jan to May) for the tax books the YTD Depreciation and Accumulated Depreciation is same so, we need to update YTD Depreciation.

Was there any way to do this?

When we tried to update the YTD depreciation and save the record it is throwing error "Life to date Depreciation cannot be greater than the recoverable cost".

does any body face this issue? could you please let us know any solution for this?

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