I have a lease in Fixed Assets that has been renewed. I need to change the acquisition dollar amount and the estimated life but keep the depreciation that has already accumulated. What is the best way to do this?
I have a lease in Fixed Assets that has been renewed. I need to change the acquisition dollar amount and the estimated life but keep the depreciation that has already accumulated. What is the best way to do this?
Hello Ann,
When changing critical values but keep the depreciation the same you would answer Yes then Current Thru Date (Default) to the questions as the pop up after the change.
See How to change critical depreciation fields for more information.
~Delray
Perfect. Thank you!
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