Question: When I add a new asset, there is no place to put the opening balance. Please see the below pics for two of my clients, one I could put opening balance, the other one I could not.
Answer: LodgeiT requires to enter opening balance for the asset only when the asset purchase date is before the depreciation start date in client settings.
ie if the depreciation start date is 1 Jul 2017
The asset Purchase date is 6 Apr 2018.
Thus, LodgeiT will use purchase cost to calculate depreciation from 6 Apr 2018 onwards.