Hi Odooers
I have the following Asset Model:
* Assets created with this model need to be depreciated entirely in the month in which they were purchased
Name: Furniture and Fittings < R7,000
Method: Straight Line
Duration: 1 Month
Computation: No Prorata
I have created an asset from a bill with a bill date and an accounting date of 24/4/2025. I have applied this model to the draft asset and computed the depreciation.
The Depreciation Board shows a drafty entry for the full amount (correct) on 31/3/2025 (incorrect). The entry date should be 30/4/2025?
Any ideas?