hi all,
my clint is maintaining asset from last 4 yesrs, now he wants to decapitalise some part of asset in current year. for that he is asking to do the reverse all entries passed on that and again want to post in now.
eg; for constructing & furnishing a room my clint is used to pay to contractor estimated value eg; 1,00,000. but contractor used to show the bills after financial year. eg; 90,000. this diff of 10,000 he has to settle. that keeps on pending frm last couple of years. now he wants to decapitalise that all amounts
appriciate early reply