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Re: Change in Useful life of asset in mid year, but the previous posted depreciation should not be changed

Hi

 

When you change dep terms, the posted depreciation in previous months wont change

 

But the delta depreciation for previous months will be posted either in the current month or it will be spread across remaining months

 

Since you wanted the depreciation to be based on NBV applicable on the date of changing the dep terms, creating a new asset is the option in my opinion

 

Br. Ajay M


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