Hi all
Please let me know is there any possible to reverse last fiscal asset need to reverse in current fiscal year.can you you tell me the procedure
Please find the detils of the asset
Asset purchased date =16.11.2006
Depreciation start date =01.01.2007
Asset capitalized date =01.01.2007
Asset value =46375
Depreciation as last fiscal year =4573.97
Net book value 46375-4573.93 = 41801.03 as per last fiscal year
In 2007 fiscal year two (April, May) depreciation runs over.
April and May period Depreciation amount is 1,370.53 and 1, 416.21
Now net book value = 43,588.26
I want reverse with net book value (43588.26) or capitalization (46375)
value,what ever is possible noproblem
Please let me know the solusation as it is very arjunt
if any one can give solusation for this thankful
Please dothe needful i will assign the points