How to make YTD depreciation zero after revaluation?
Hi,
We are reevaluating all assets in March and the accounting rules for revaluation are as below:
1.Allow Revaluation is checked
2.Include current period Depreciation is checked
Accumulated Depreciation and YTD Depreciation should be zero after revaluation so we didn't check.
After revaluation in a test environment Accumulated Depreciation is zero but YTD Depreciation is not zero.
Could you please advise how to make YTD Depreciation zero after revaluation?
Regards,
EMY