• Changing the Useful Life

    FormerMember
    FormerMember
    We are wanting to change the useful lives for a class of assets from 7 years to 15 years as of 1/1/2017, without changing any of the prior accumulated depreciation amounts up until that point. I’ve been playing around and doing some research, but everything…
  • Change in useful life

    Recently changed over to Sage Fixed Assets. During internal audit it was noted that the useful life of assets changed on the import/opening balance date. This has caused depreciation to be off. Is there a way to recalculate depreciation on an asset to…