Fixed assets - depreciation appears as negative when asset still active with positive net value
Fixed assets - depreciation appears as negative when asset still active with positive net value
+18
Hello
Is it possible the Asset Useful Life changed? In this example, I changed the Useful Life of a partially depreciated asset from 10 years to 20 years. Show Accurate Depreciation is checked ON in FA Preferences screen.
Next I calculated depreciation for the asset and the Depreciation History tab shows negative depreciation because Acumatica will correct past over-depreciation in the next month.
If the example does not answer your question, please show us more details about your asset including Depreciation History tab. Thank you.
Laura
Userlevel 7
Hi
No changes was recently done to the useful life and I checked the formula and also the depreciation history, I can’t find nothing wrong
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