Conversion of asset whose life was extended in the source application
Hi
Interesting Asset Conversion issue:
Client has assets which originally had a life of 4 years, but after 2 years it was lengthened to 6 years, and from this point they continued depreciating the remaining NBV over 4 years. Now 1 year later they are moving to Oracle
Any suggestions of how to convert them such that Oracle does not show a big depreciation difference in the first month?
During conversion we want to retain the existing Cost and Accumulated depreciation.
Thanks
Ian