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Question from Raquel_galvan on Mar 28 at 10:39 PM Dear Experts,
We have acquired assets last Sept 2011 and has been in use since last January 2012. However, we have not received the invoice for this assets, therefore, the cost has not been recorded and capitalized. We are expecting to receive the invoice next month. When we capitalize this asset, is there a way to change the depreciation date back to January 2012 in order to book the depreciation expense that should have been realized since January 2012? I will appreciate any feedback. Thank you in advance.
Raquel
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