Negative Depreciation posted for Assets migrated on first depreciation performed

Thanks Laura,

It kind of Answers my question, the only issue I have is why it would be doing so if the method traditionally used is DV and in the new system is also DV.

The post mentions catchup entry in instance when the Dep. method has changed useful life years or some other parameters which seems to be marrying up to what was provided.

Looking forward to your response.

Hello,

“Why did this happen?”  I may not be able to answer this part.  I read help and test the software to evaluate how screens work.  I explain and demonstrate how the screens work… but I don’t always know why they work the way they do.

There is a related setting on FA Preferences - I don’t have the screen in front of me but it’s something like use ‘actual depreciation’ versus something different .

Sometimes depreciation will true up on the next month following asset migration - if the prior system had a difference compared to Acumatica’s calculations.

Perhaps another Community Member will post the answer to Why?

Best regards,

Laura

Thank you, Laura, for your detailed response. I appreciate the pointers regarding the FA Preferences and depreciation behavior. I’ll look into those settings further and see if they explain the issue. Hopefully, other community members might also weigh in with additional insights.