Not sure about other countries but in Australia we start depreciating an asset from the date of acquisition. Viewpoint already has a depreciation start date field in EM Asset Setup so a checkbox to tell Viewpoint to use this date to calculate depreciation will work.
A perfect example of how this isn't working at present: I acquire a $100,000 asset on 30 June (Last day of financial year) and has a useful life of 5 years using straight line dep'n. We can only depreciate $54.79 representing one day worth of depreciation but Viewpoint calculates $1,666.67.
Without this change we are unable to do a P&L without manual GL adjustments for depreciation.
Rainer Jensen
| Company | Moits |
| Job Title / Role | Accountant |
| I need it... | Yesterday...Come on already |
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