Asset Depreciation Schedule is Wrong!

ERPNext
1

Hi ,

There seems to be a serious problem with the Asset Depreciation Schedule in the recent versions of ERPNext (V13 and V14). It becomes very obvious in existing assets that are long lasting… the schedule extends beyond the Gross Purchase Amount and an extra line is added with a negative value (apparently in some form of attempt to bring the value back to the Gross Purchase Amount) !

Asset Depreciation Issue 01
Asset Depreciation Issue 01837×739 39.5 KB

Asset Depreciation Issue 02
Asset Depreciation Issue 02834×739 78.9 KB

This needs urgent fixing

Kind regards,

2

Opened a Github Issue:

3

I can confirm this issue affects both Straight Line and Manual Depreciation methods which I believe are the most widely used… I really hope this gets fixed on priority

Kind regards,

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