Hello Experts,
Facing an Issue for net book value not becomes zero due to procuring or adding some expenses in to existing assets. Here what I have faced is Asset was procured 01.01.2013 as values of USD 100000 for the Useful life is 5 years for this scenario working and calculating perfectly including depreciation calculation and NBV also.
But procuring or adding some expenses as above existed asset on 01.15.2016 as values of again 100000 i.e (100000 + 100000 = 200000 is total APC now), I have activated check box NBV as zero in the configuration but not becoming zero in the end of the useful life year i.e 2017 (values appearing as 66666 as NBV in 2017). But Depreciation calculating correctly as 3334 per month from May, 2016 onwards.
Can any body encounted this kind of issue please help me because customer is waiting for this solution.
Appreciate your help.
Regards,
KBR.