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Former Member
Dec 29, 2015 at 11:56 AM

Depreciation key change

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HI,

We are having requirement where if we change the depreciation key, we want system to post the difference of depreciation which will be effective from date of acquisition.

Suppose we purchased asset in FY 2010 at Rs. 1000 currently depreciating at 10%.

FY Acquisition value Dep. Percentage Depreciation

2010 1000 10% 100

2011 1000 10% 100

2012 1000 10% 100

Now in 2013 we changed the depreciation key to 5%.

2013 1000 5% 50+(-50-50-50)= -100.

2014 1000 5% 50

2015 1000 5% 50.

Currently I'm getting depreciation which is reversed for current year only.

Regards,

Devesh Chaudhari.