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When a reclassification is carried out, the last date of depreciation is overwritten with the acquisition date of the reclassified asset (reclassification date) instead of keeping the date of the original asset.
If reclassification date is in the middle of depreciation period, this will cause to inaccurate depreciation calculation of new fixed asset.
(KB595453)
In real business practice, fixed asset reclassification can happen at any time during depreciation period. It does not make sense when new classified asset takes reclassification date as last depreciation run date.
Manual task to correct last depreciation run date in asset book can be replaced if last depreciation run date is copied from Original asset.
STATUS DETAILS
New