#CoE#MKI Fixed assets to be transferred

[sato-hinako]

Fixed assets were migrated. (Transition cockpit used).

The subject asset was impaired prior to the transition and is being depreciated on a straight-line basis.

Therefore, it is correct that the transitioned asset is being depreciated on a straight-line basis at the post-impairment amount, but it appears that the asset is being depreciated on a straight-line basis at the pre-impairment amount.

Please tell me how the transition would cause the asset to be depreciated on a straight-line basis at the post-impairment amount.

[OwenLiu]

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[Mark_W · Accepted solution]

Hi Hinako,

Which depreciation key is used? Please check it to see what base method is being used for the depreciation calculation.

Please note, editing the depreciation keys is not allowed for the customer, you might decide to pick a different depreciation key that calculates off acquisition value rather than net book value.

Kind regards
Mark