Fixes Asset - Change Depreciation Period

Chika
Member Posts: 45
Dear Experts,
I have a question related to my client requirement. They have a fixed asset with depreciation method "Straight-Line".
This is the detail of the asset:
1. Acquisition cost = 4,512.00
2. Depr. Start date = 01-01-07
3. No. of Depr Years = 10
I've calculated depreciation for 1 year, and remaining book value until 01-01-08 is 3,948.00.
And then, they want to change no. of depr years to 15 years.
My question is, can I do this in standard NAV? Or do I need to create a new fixed asset to meet this requirement?
Thanks for any advice.
Regards,
Chika
I have a question related to my client requirement. They have a fixed asset with depreciation method "Straight-Line".
This is the detail of the asset:
1. Acquisition cost = 4,512.00
2. Depr. Start date = 01-01-07
3. No. of Depr Years = 10
I've calculated depreciation for 1 year, and remaining book value until 01-01-08 is 3,948.00.
And then, they want to change no. of depr years to 15 years.
My question is, can I do this in standard NAV? Or do I need to create a new fixed asset to meet this requirement?
Thanks for any advice.
Regards,
Chika
0
Comments
-
Hello,
You can create new depr. book for this FA and change depreciation period using this book.
Khatia0
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