Fixed Assets - Depreciation life month changes
I have a fixed asset which the life months are to be changed from 480 months to 180 months
Depreciation is straight line and presently set up to compute Remaining Months "R"
Our financial year runs from 1July to 30 June
The problem I have is that we only want the calculation of the changes for the future, JDE calculates the depreciation from the start of this financial year we want it to start with the new rate from December 2017 and not July 2017.
As at end of Dec thee are 86 months gone and 94 months left JDE calculates the depreciation from 1July with 80 months gone and 100 months left.