I am trying to implement the Asset Management module. What is the best approach to add Assets that already partially depreciated. For instance, let’s say the asset costs $6,000 and depreciates over 5 years with a straight line, that is $100/month. The asset was put in service on January 1st 2015. Let’s say I want start using the module on April 2017. We have already deprecated 27 months which is $2700. How do I add this Asset in Epicor so it “picks up” the depreciation and only depreciates $100 for the remaining 33 months. Every thing I try makes it start depreciation again for 5 years on April 1st.
We are also facing the same issue. We have already depreciated over 25 months, remaining is only 11 month. We want a solution like, how this can be handled.
Thanks arul shankar for the reply.
yes i tried the same,but it shows the error like "An Inter-group Addition must be in the Current Year (2019) in the Register (AR)"
Our Issue is our main financial book started Nov 2019 but we have asset from year 2018.
Add Fiscal Year for 2018 and then you should be able add it. Recently I have to define Fiscal Year from 1969 when implementing Fixed Asset module as client has assets from 1969.
