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Fixed Asset Depreciation

Dain Opland on 1/22/2020 12:36:50 AM
It would be nice to have the ability to depreciate fixed assets in conjunction with the defined Accounting Periods, instead of being limited to either 30 days every month or forcing the number of depreciation days each month.
Category: Financial Management
STATUS DETAILS
Needs Votes

Comments

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RE: Fixed Asset Depreciation

Michael Furness on 7/11/2023 3:19:50 AM

Hi Dain,


On the "Depreciation Book Card" there is a field for "Fiscal Year 365 Days" as a tickbox. If you set this to Checked then BC will use the number of days between Posting Date of Depreciation Runs to determine the number of days. Use the Accounting Period Date as the Posting Date for the Depreciation calculation and BC will determine how many days since the last depreciation journal was posted and calculate the Depreciation for that many days.


No changes are needed.

Category: Financial Management

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RE: Fixed Asset Depreciation

Naveen Kumar Thiyaga Mohan on 11/29/2021 7:41:29 AM

Enable ASAP

Category: Financial Management