Depreciation of Fixed assets for Land & Propertys
Question asked by Denesh 3 years ago
I have properties that I wish to add on to my balance sheet. Yes, I can do this by the fixed assets feature. however, it doesn't allow me to add this until a depreciation of 1% is entered. why is this? it should let me put fixed assets, such as properties that don't have a depreciation.
I have tried everything. You cannot delete the depreciation as you will need to process the asset to the next financial year otherwise it would not appear for the next year.