Hello,
Please can any one explain what's use of "Leave net book value at" field option in FA with example. Because in my case even I have given net book value system calculates depreciation on total asset value.
Eg: My Acquisition cost is USD 15000
Net book value is USD 4000
I think depreciation should be calculates on USD 11000 but not on USD 15000 but in my case when I run dep proposal, dep calculates against USD 15000.
If my understand is wrong please correct me.