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Fixed Assets - EBS (MOSC)

Amortized vs Expensed cost adjustment - Does changing "Amortization Start Date" to Date place in ser

Dec 19, 2017 5:52AM edited Dec 27, 2017 4:00AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

If Amortize box is not checked a catch-up depreciation will be done by system in current period for the adjustment amount pertaining to prior periods

Amortization date is by default current date. This causes the adjustment to be spread out over remaining life of asset

If we change Amortization start date to Date in service will this have same effect as an expensed adjustment?

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