Hello Nathan,
They want to write it off in the current period. Just to let you know though, we did resolve this issue.
The practice here is to keep the prior year’s Asset Accounting open and when we changed the depreciation key to LVA, it was trying to actually post in to FY2014 and not FY2015. So, we closed FY2014 in Asset accounting and tried it again in which it worked successfully.
With that said, I was wondering if you could tell me what the benefit is by keeping the prior year’s Asset accounting open?
Thank you,
Mike