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author's profile photo Former Member
Former Member

Sub asset master

hello gurus,

what is the use with sub asset master? can't we create an asset with asset master? will we calculate dep. on asset or sub asset?

Pls clarify my doubts

N.M.B

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    author's profile photo Former Member
    Former Member
    Posted on Jun 19, 2008 at 06:44 AM

    If Main Asset is "Tractor" the "Trailor" becomes a sub-asset or the Farming equipment you attach to the tractor is Sub-asset.

    If an asset can perform independently that is Main asset. If the asset has to be attched to some other asset for performing then this is a sub-asset.

    Depreication is calculated at Main asset level which includes the sub asset depreciations.

    reward if useful.

    sarma

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