Which fixed asset program are you using?  Depending on which one, there may be a utility under utilities or periodic processing to delete an undepreciated asset or to change the depreciation but it depends on which software you are using.

Thanks Eva, we are just using Sage 300ERP I hope that's what you asked me?

Norming Assets?

HI, yes - I am using Norming Asset Management

Under the Depreciation folder you will find a Depreciation reversal function.  This will allow you to reverse all depreciation for the asset assuming that it is in the same financial year.  You can then change the rate and re-process the depreciation.

Under the Depreciation folder you will find a Depreciation reversal function.  This will allow you to reverse all depreciation for the asset assuming that it is in the same financial year.  You can then change the rate and re-process the depreciation.

Thank you very much AXP, all good now thanks to you. Sorry for late greeting