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Former Member

Depreciation for the Financial Year 2007-08

Dear All,

How to run the Depreciation for the Financial Year 2007-08, without disturbing the Depreciation of Financial Year 2006-07.

kindlly send me details desprications

Regards

Pritpal

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 28, 2008 at 10:52 AM

    Hi

    You could post the depreciation for 2007 using AJAB. However, pls check if you have posted the values for 2006

    regards

    Sanil Bhandari

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 28, 2008 at 03:53 PM

    Posting Depreciation is a periodic activity. Depreciation is posted every priod by AFAB by aseet accountants. However it is not necessory that you need to run AFAB when you are in the current period. You can run it any time; subjected your financial accounting is open for that period. In your case you need to run AFAB for every priod from 2006 to 2007. After each year is completed, you may need to run ASKBN for APC periodic posting and cose that FY in Asset account by AJAB open new FY by AJRW (Eg. 2008).

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