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Question from redver14 on May 30 at 11:14 AM We have a process of not depreciating asset acquisitions in year but revalue assets at fiscal year end, depreciating the net book value at the start of the year. We have achieved this through copying depreciation key LINU and using period control 08 for acquisitions. The issue we have is that at the start of the following fiscal year the remainder useful life and original are reset once the module is closed so for example:
Asset Value at year end = £1,000
Remainder life at year end = 9
Reset remainder life at start of year to 10
The issue is that if we use the start date of depreciation in the new fiscal year period control is ignored and it depreciates acquisitions. If we use an previous fiscal year, i.e 31.03.11 the remainder life is 9 year 11 months, I have worked around this by adding a 1 into the original life period so original life is 10 years and 1 month remainder life at 31.03.2011 is 10. If there another solution I can use as everything I have tried has failed.
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