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Former Member
Jan 12, 2008 at 02:23 PM

Change in Takeover Date

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We have a case where the existing assets are uploaded with a takeover date of 8th Aughst, 2005. Now a new phase of legacy assets are to be uploaded with a takeover date of 31st December, 2007.

I would like to know will there be any effect on the depreciation of already uploaded assets? Tell me the steps to be considered in changing the takeover date. Our company code in in test mode.

Thanks

Vijay