Does SAGE meet these three basic benchmarks after a change in cost , depreciation method or life ?
1-recalculation of the correct life-to-date depreciation for the current period based on the original in-service-date.
2-calculation of the necessary…
Hello,
An asset was added in 2018 for $248K. Due to a settlement in our favor, the asset value needs reduced to about $100K. I know I would just change the acquisition value of the asset for each of the books, but how would I handle depreciation? I…