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By default, the short/long year option is not checked on the fixed assets calendar for a year. It is suggested that by default, the option be checked and with the depreciation percent set to 100%.
While most customers are likely on monthly calendars, those that are not and use periods that vary can be severely and unexpectedly impacted based on the algorithm used. For a calendar year that overlaps slightly from the prior and next calendar year, this approach results in 116.67% depreciation.
It is obscure option, and defaulting to the approach that would handle the most customers correctly, this would eliminate what is likely a recurring issue for support and disruption. And the overall calculation logic would not need to be changed.
While most customers are likely on monthly calendars, those that are not and use periods that vary can be severely and unexpectedly impacted based on the algorithm used. For a calendar year that overlaps slightly from the prior and next calendar year, this approach results in 116.67% depreciation.
It is obscure option, and defaulting to the approach that would handle the most customers correctly, this would eliminate what is likely a recurring issue for support and disruption. And the overall calculation logic would not need to be changed.
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