George4Tacks
Level 15
12-28-2021
10:58 AM
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At some point, it must be reckoned with. I would use a computational method to recreate the accumulated depreciation that SHOULD have been taken. I found https://www.calculator.net/depreciation-calculator.html which can be useful in doing this.
Give the client the option - pay you to do it right, or have you do it in a manner that shows all assets fully depreciated (not a good choice). Explain the cost difference in doing both. Third option - you can both go your own way and say "It's been nice meeting you."
Answers are easy. Questions are hard!