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XPA: Leap year depreciation

XPA is calculating the leap year depreciation for all assets on a 366 day basis. Is there a way to match to the client's fixed asset report which is calculated based on 365 days?

Updated over 3 weeks ago

To change between 365 and 366 days, follow the below steps:

  1. Go to System Administration console, System and User Settings.

  2. From the menu bar click View Settings, System.

  3. Scroll down to XPA_CLIENTLINK.

  4. For 365 days, set AUS Asset Depn - Tax Use 365 days to True.

  5. For 366 days, set AUS Asset Depn - Tax Use 365 days to False.

  6. This will then calculate depreciation for ledgers during asset synchronization.

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