Hello everyone,

We are using Sage Fixed Assets - Premier Depreciation V2022.0

We also use this program for Amortization of Prepaid Assets.

We have an Prepaid that was entered into FAS with the following Parameters:

In Service Date = 7/1/2022

Depreciation Method = RV

Estimated Life = 00yrs 03mths

When the Depreciation was run on the book, it ran double depreciation for the two assets that were entered this way. All other assets depreciated correctly. Results in screen capture below.

Has anyone seen this anomaly? And if so, how did you correct it and keep it from happening again?