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Fixed Assets - EBS (MOSC)

Change Life and Cost

Feb 1, 2022 4:49AM edited Feb 2, 2022 8:07PM in Fixed Assets - EBS (MOSC) 4 comments

hi can you please help, there is an asset STL, date in service 1jan2020 changed life from 2years to 3 years

increase cost from 220,811.00 to 322,251.84 , the accumulated depreciation is 220,811.00

but the new Depreciation calculated was 0.00 with Adjustment amount with thetotal increase the cost,which is 101,440.84

I noticed that user selected the Amortized Adjustment flag, was it the reason for the result?

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