How to add partially depreciated Fixed Assets with odd months remaining on depreciable life?

Blake Valentine
Blake Valentine
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in Blackbaud Financial Edge NXT® General Discussions

Hello! We just completed a Merger with another organization. We assumed some of their partially depreciated fixed assets. What is the best way to record/add a partially depreciated fixed asset into FE NXT when there are only an odd number of months remaining on the depreciable life?

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  • Kevin Brazell
    Kevin Brazell Blackbaud Employee
    Tenth Anniversary Kudos 5 First Reply Name Dropper

    HI Blake,

    you can use the accumulated depreciation transaction to account for book value that has been lost from the original value when entering an asset in FE that has deprecation already. Here is a KB that shows all the types of depreciation FE Fixed Assets has :

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