Asset Lifecycle Management - PSFT (MOSC)

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What period need to be opened to allocate depreciation for a long life span Asset say 60 years?

in Asset Lifecycle Management - PSFT (MOSC) 1 commentAnswered

We have an Asset with a useful life of about 60 years and need to have the future period open so that AM can allocate depreciation accordingly, rather than consolidating it into the periods currently available.

Please advise what accounting period need to be opened to allocate this Asset depreciation for a 60 years life span.

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