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Jun 24, 2016 at 05:22 AM

Asset master


Dear Experts,

In Fixed assets is it possible to add additions to the asset?

Eg: I have capitalized a vehicle in april with value 50000 and then in september that asset got addition of 20000 so we need to add it. asset value will be 70000.

From september onwards depreciation should calculate on 70000.

Is there any possibility for this scenario ? How can I get it?

Thanks & Regards,