This is probably a simple question to answer, but when does depreciation start for a capex purchase?
I always thought it tied to the date of actually receiving the item, or even putting it into service, but I heard from someone recently that it begins when the PO for the capex item is simply released… is that correct?
Maybe this is configurable which could explain the different answers, and if so could someone point me to that?
Many thanks,
Nick
Best answer by gumabs
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