Asset is not depreciating - Due to estimated salvage value

Description of Issue
  • Asset is not depreciating
  • No results returned in Depreciate Assets when defining for valid, Active assets
Context

Capital Assets

Cause

Estimated salvage value was equal to or greater than the current book value, so the system didn't think there was anything to depreciate on the asset

Resolution

Process an Adjustment transaction to correct the estimated salvage value

Additional Information

Refer to Master Article - Asset is not depreciating for other reasons an asset may not be depreciating