We have an asset that was purchased back in June but just recently got set up. We need to backdate the depreciation from June till now, but when we run the Depreciation Calculation, it only calculates September Depreciation.
How would we go about back dating the depreciation, so it starts in June thru now?
Wrong Starting Date might be the most likely reason.
What depreciation Starting Date is set for that FA and what is the usual period of calculating & posting deprecations in your company - per month or per quarter? (it’s obviously not per year, otherwise there couldn’t be Sept. entry…)