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