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Technical Improvement

How to Enter a Technical Improvement (Capital Upgrade)

Written by Lenka Haringerová

- Switch to the year in which the technical improvement was carried out

- On the asset card, go to Events - Add

- Enter the event type Technical Improvement, fill in the amount, and if applicable, the extension of accounting depreciation, accounts for the technical improvement, and balance accounts

- The technical improvement will then be reflected in the depreciation and in the residual value of the asset

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