Fixed Assets - EBS (MOSC)

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How to Add Assets With Past Date Placed like 20 Years back In Service In Fixed Assets?

edited May 27, 2020 5:00AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered

Example Current Open Period is Mar-2020

I need to create new asset & there DPS is 01-APR-2000, then i click amortization adjustment is 31-MAR-2020 & Create asset

How system calculate Apr-2000 to Feb-2020 depreciation is adjusted as amortized + Calculate Current  moth dep also Mar-2020

It is possible to calculate 20 Year depreciation in current month Mar-2020 with Straight line method of Depreciation & Asset life in Year is 58 Years.

Prorate Conversion is Daily Basis.

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