• Reducing the value of an asset

    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…
  • Transfer of bulk assets

    How do you transfer assets in bulk in the same company but you also need to change some of the asset information?