Based on @nabinhait advice:
https://discuss.erpnext.com/t/create-a-fully-depreciated-asset/20270
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.
@addymuliady
I did the same entry and it went through with the said warning. But I was able to create asset. Any other issue in it other than warning?
Hi @nick9822
What is Next Depreciation Date that you keyed in?
For my case, it doesn't go through at all. I have to put a future date in Next Depreciation Date.
August 1st, 2011
See this screenshot

Hi @nick9822
What version of Frappe and ERPNext are you on?
Does the depreciation graph shows the same?
Regards
Mulyadi
@addymuliady
ERPNext: v7.2.19
Frappe Framework: v7.2.15
Does the depreciation graph shows the same?
Yes
Can the warning be taken instead? Confusing.
Thanks @nick9822 for checking!
@addymuliady @nabinhait @rmehta
I guess next depreciation date should be compared with the purchase date instead of current date.
Is this issue still persisting? I thought it was fixed in #7751