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Include Depreciation for an object which as a depreciation method

  • November 5, 2025
  • 4 replies
  • 31 views

ashenfdo
Sidekick (Customer)
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We have 5 fixed asset objects in IFS that we had in our books for several years but no depreciation has been made on them, they have been marked exclude from depreciation.

Now we have to depreciate them this year but when we change the setting to be included the depreciation is starting back in time, from when they where acquired. 

 

We found a solution to starting depreciation a specific date by creating a new depreciation method but we still have an issue for 2 of the 5 fixed assets objects. They where depreciated once in 2018 and therefor we can't change the depreciation method so we still need help with a solution for those two objects.  Its not possible to add a new line or remove the existing line under the book tab

 

Best answer by Adam Bereda

Well, if object is excluded from depreciation for specific period of time, I was always suggesting to run depreciation for this period (several proposals if multiple years involved) and manually change depreciation amount to zero. Such proposals then can be acknowledged and posted and system will continue depreciation afterwards. You should be careful with depreciation method definition - in some cases estimated life of object should be adjusted to not increase monthly depreciation. 

4 replies

thanif
Do Gooder (Partner)
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  • Do Gooder (Partner)
  • 12 replies
  • November 6, 2025

You may consider 100% split of the object as a work around


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  • Hero (Customer)
  • 735 replies
  • Answer
  • November 6, 2025

Well, if object is excluded from depreciation for specific period of time, I was always suggesting to run depreciation for this period (several proposals if multiple years involved) and manually change depreciation amount to zero. Such proposals then can be acknowledged and posted and system will continue depreciation afterwards. You should be careful with depreciation method definition - in some cases estimated life of object should be adjusted to not increase monthly depreciation. 


ashenfdo
Sidekick (Customer)
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  • Author
  • Sidekick (Customer)
  • 77 replies
  • November 7, 2025

Hi Thanks for the Answers I will check these with our finance users and get back


ashenfdo
Sidekick (Customer)
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  • Author
  • Sidekick (Customer)
  • 77 replies
  • November 11, 2025

Well, if object is excluded from depreciation for specific period of time, I was always suggesting to run depreciation for this period (several proposals if multiple years involved) and manually change depreciation amount to zero. Such proposals then can be acknowledged and posted and system will continue depreciation afterwards. You should be careful with depreciation method definition - in some cases estimated life of object should be adjusted to not increase monthly depreciation. 

Hi ​@Adam Bereda  we have used this option and Finance accepted this solution