Fixed Assets - EBS (MOSC)

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Asset Depreciation for the past period when inserted in the current month

edited Dec 1, 2017 2:21PM in Fixed Assets - EBS (MOSC) 5 commentsAnswered

Hi All,

I added an asset in the Corp Book in May-17 by giving Date in Service as 10-Mar-17 and Prorate Date as 5-Apr-2017.

When I ran the Depreciation in the May-2017 how the entries will be generated and what is the impact?

Cost of the Asset Added for eg : 20000; Life in Years 2.

Regards

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