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what is the use of Allow amortized changes in fixed assets
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Answer Posted / kn
Dear Shankar Ganesh, HI,
I have few questions on the below points.....
(1)
Now if we run depreciation,it will depreciate from the value
$12000 and not $10000.(Allow Amortized changes set to yes).
> Does this mean, the Asset Cost is now considered as $12000 from 1996 and the difference in Depreciation is posted to the current open Period? or for $2000 alone the system starts calculating from the year 2008 onwards?
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