Allow positive depreciation
Important
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Enabled for | Public preview | General availability |
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Users, automatically | - | Feb 28, 2022 |
Business value
Allowing positive depreciation in a depreciation proposal lets your organization account for governmental funds that record the fund as an asset with negative value, then depreciate that asset with positive depreciation.
Feature details
When positive depreciation is calculated, the negative book value of the asset will be considered and positive depreciation (as a debit entry) will be calculated. The Allow net book value higher than acquisition price and Allow negative net book value options will be available after the Allow positive depreciation feature is enabled in the Feature management workspace.