How to stop asset depreciation
Hello,
We are on PSOFT 9.2. We have few assets which have been put on Suspended Status but they are still depreciating which is causing negative depreciation to be generated. On the other hand, there are some assets with Suspend Status that have stopped depreciating. What factors are responsible for depreciation process to be stopped. We have 1 BU and 1 Book- CORP.
At the Installation options, this box is not checked-
Stop Depr when NBV < Salvage
In service date Begin Depr Date Convention Depreciable Status Method Calculation Type Useful life Suspend Date
Asset 1- 9/22/2009 10/01/2009 FM Non-Depr SL Remaining Value 300 11/16/2012
Asset 2- 1/31/2012 02/01/2012 FM Non-Depr SL Remaining Value 240 4/27/2016