I am pretty new to IFS, still getting a full understanding of all the connections within it. My question is, our company is going from SL HY dep to SL BP depreciation. So, obviously, when creating a new object/fixed asset, it defaults to SL HY depreciation method.
Where is the proper place for me to update this default method to SL BP when a new object is being created, is it under the object group > Dep Method and Books? Or is there a spot under Basic Data Fixed Assets where I can just check a box (which my coworker thinks but we couldn't locate it)?
If I change the dep method to SL BP under the object group does this affect all of the previous SL HY depreciation objects once I switch the method? Or does this just change the def dep method moving forward on any new objects being created? As I said I am pretty green with IFS, last thing I want to do is make a change and blow the whole system up lol. Any help or direction would be greatly appreciated, thanks!!
Best answer by Shehan Almeida
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