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New to Sage - just in time for year end - have an asset that was entered incorrectly in June by predecessor. It was actually supposed to be two separate assets that were combined. In Sept I entered one of the assets with the correct value and dat. How…
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…