Hi,
We have a client that has a particular Fixed asset that they continue to add to. In other words, they post acquisitions to this asset as they upgrade it and so on. It would seem that when they do this, and run the calculate depreciation function, the system is only calculating depreciation from the last acquisition cost date, thus posting incorrect depreciation values.
Example: 10/12/16 - Acquisition for R10 000.
15/12/16 - Acquisition of R5000
20/12/16 - Acquisition of R 10000
When you run the calculate depreciation for 31/12/16, it only calculates for 11 days, using the last acquisition date and calculating depreciation on that value only.
Is there a way around this, so that it calculates correctly?
Also, if you run the depreciation calculation for December and it calculates it at 11 days, can you run it again forcing the days to 30, so it picks up the difference or do we have to reverse all those entries and re-calculate?
They are using NAV 2015.
Thanks,
Malcolm
We have a client that has a particular Fixed asset that they continue to add to. In other words, they post acquisitions to this asset as they upgrade it and so on. It would seem that when they do this, and run the calculate depreciation function, the system is only calculating depreciation from the last acquisition cost date, thus posting incorrect depreciation values.
Example: 10/12/16 - Acquisition for R10 000.
15/12/16 - Acquisition of R5000
20/12/16 - Acquisition of R 10000
When you run the calculate depreciation for 31/12/16, it only calculates for 11 days, using the last acquisition date and calculating depreciation on that value only.
Is there a way around this, so that it calculates correctly?
Also, if you run the depreciation calculation for December and it calculates it at 11 days, can you run it again forcing the days to 30, so it picks up the difference or do we have to reverse all those entries and re-calculate?
They are using NAV 2015.
Thanks,
Malcolm