Depreciation Start Date field is blank under General tab of the FAM – Asset Record

To avoid this, users need to take below steps before generating a new asset:

1.    Navigate to Fixed Assets > Setup > Asset Types.

2.    Edit the Asset Type in question.

3.    Go to General tab.

4.    Set Asset Type Depreciation Active = True.

5.    Hit Save.

Note: This change will not take effect retroactively. Users need to manually add the depreciation start date of the items that were already generated.