The current financial period is Period 7 - 31/07/16 but the system defaults to Period 8 - 31/08/16. It would be better to default to the current period to reduce user error and reduce the need to drop down and select the period When going toDepreciate Asset, the default figure in the Depreciation Perioddrop-down is the nextaccounting period rather than the current accountingperiod. The desired accounting period is still selectable.