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New Indian Accounting Standards (IND-AS) - Asset Accounting

Dear Experts,

My company has decided to implement IND-AS and make suitable corrections in asset accounting module, as part of it - the net book value of an asset needs to be made as asset acquisition value with an effective date - say 01 April 2017.

Please suggest how to being this change in ECC6.0

You kind responses will be highly appreciated. Thanks.



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