What Is An Asset Value Date?

1.	What Is An Asset Value Date?
Answer» The ‘ASSET Value Date’ is the start date of DEPRECIATION for the asset. The ‘planned depreciation’ is calculated by the SYSTEM based on this depreciation start date and the selected ‘depreciation TERM’ for that asset. Be careful with the posting date and asset value date. Both DATES need to be in the same fiscal year. The ‘Asset Value Date’ is the start date of depreciation for the asset. The ‘planned depreciation’ is calculated by the system based on this depreciation start date and the selected ‘depreciation term’ for that asset. Be careful with the posting date and asset value date. Both dates need to be in the same fiscal year.

Answer»

The ‘ASSET Value Date’ is the start date of DEPRECIATION for the asset. The ‘planned depreciation’ is calculated by the SYSTEM based on this depreciation start date and the selected ‘depreciation TERM’ for that asset. Be careful with the posting date and asset value date. Both DATES need to be in the same fiscal year.

The ‘Asset Value Date’ is the start date of depreciation for the asset. The ‘planned depreciation’ is calculated by the system based on this depreciation start date and the selected ‘depreciation term’ for that asset. Be careful with the posting date and asset value date. Both dates need to be in the same fiscal year.

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