Depreciation Should NOT include Disposed Assets

If the fixed asset system records a disposal transaction, the asset would seem to be flagged as disposed.  Why, then, does the system continue to attempt depreciation every month thereafter?  It would seem that a disposed asset would simply be flagged as such and going forward all disposed assets are ignored for depreciation calculations.  (The system knows they are disposed since they show up on the control report every month for calculations)  Or at least add this as a direct filter option to exclude disposed assets.

  • Guest
  • Mar 12 2019
  • Implemented
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  • Melissa Bethancourt commented
    May 29, 2020 18:40

    This has been implemented in FENXT

  • Patricia Vermeire commented
    May 29, 2020 14:36

    Was this ever implemented? It would be helpful if threads were updated from Planned status when features are active.

  • Melissa Bethancourt commented
    June 05, 2019 19:01

    Fully depreciated and disposed assets will be excluded from the calculation. This work is in progress now and we hope to have it released to our users soon!