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Appreciations are reported only in the year selected for the report. In following years, they are included in the Depreciation Reserve for the asset.
Appreciations can never exceed the current cost of the asset.
Appreciations and Going Concern Value entries in a TAX book can be made only by using the Reserve Adjustments window. The standard functionality of the product allows such entries to be made only after the close of the fiscal year concernednot in the current year.
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