Create a fully depreciated asset

Dear Community,

I am doing an opening asset entry.
I have an existing asset which already has depreciated fully, i.e. value of 0. It is still deemed an asset in the company.
How do I create this asset?

  • Purchased in July 2011
  • Gross Purchase = $5000
  • Depreciated within 60 mths at a frequency of 1 mth
  • Value after life = $0

In ERPNext, the Next Depreciation Date cannot be a past date. For the above, the Next Depreciation Date should be Aug 2011. This is a big problem and there is no way to create this type of Asset.

Kindly advise. Thank you!

1 Like

Please create a github issue for this.