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Salvage Value
dmv
Member Posts: 2
Hello-
I need help with Salvage Value in FA:
--How do I remove the salvage value from a fixed asset? (Some of the FA's are fully depreciated, some are not).
--Also, if the FA is fully depreciated to the value of the salvage value, will depreciation start calculating again when the salvage is removed?
--How would I add salvage value to existing fixed assets? Normally, I would so this with the invoice used to enter the acquisition cost (as a negative amount in the salvage value field). Is there a way to do it after the FA invoice has been posted?
Many, many thanks if someone can help with this.
dmv
I need help with Salvage Value in FA:
--How do I remove the salvage value from a fixed asset? (Some of the FA's are fully depreciated, some are not).
--Also, if the FA is fully depreciated to the value of the salvage value, will depreciation start calculating again when the salvage is removed?
--How would I add salvage value to existing fixed assets? Normally, I would so this with the invoice used to enter the acquisition cost (as a negative amount in the salvage value field). Is there a way to do it after the FA invoice has been posted?
Many, many thanks if someone can help with this.
dmv
0