Fixed Assets - EBS (MOSC)

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Financial Impact when we change date place in service for Capitalized Asset

edited May 8, 2020 5:02AM in Fixed Assets - EBS (MOSC) 8 commentsAnswered

Hi Experts,

Can any once explain the Financial Impact when we change date place in service for Asset which is already Capitalized.

What are prerequisite/Post-requisite after changing the Date place in Service for a Asset for the below Sample Asset

Example:--

Ex:Asset no# 131652

Current Date Place in service = 22-May-2017

Change start date to 10-Mar-2016

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