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How does a fixed asset depreciate
NAVTECHUSER
Member Posts: 4
Please advise....
Scenario: The company bought a fixed asset in January @100USD(using foreign currency USD).
JAN 1SGD = 1.50 USD
FEB 1SGD = 1.55 USD
MAR 1SGD = 1.45 USD
Should the fixed asset depreciate and follows exchange rate per month?
How does Navision handle this scenario?
Scenario: The company bought a fixed asset in January @100USD(using foreign currency USD).
JAN 1SGD = 1.50 USD
FEB 1SGD = 1.55 USD
MAR 1SGD = 1.45 USD
Should the fixed asset depreciate and follows exchange rate per month?
How does Navision handle this scenario?
0