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Former Member
Feb 09, 2009 at 05:48 AM

Asset Data Uploading




I want to upoload the Assets balance, (Data)

I am Confusing about which data i have to be taken, Can I take Current Balances of Assets, or Acqusation Value of Asset.

and Please explain me about Depreciation data Uploading,

Please explain in detail with step by step.

Note:See Example: Asset Purchase on 25.02.2007 for Rs:55,000

Depreciation 10% , for 2years it is 11,000.

on 25.02.2009,i want to upload the data.

55,000-----Acquisation Value of Asset

11,0000----depreciation for 2 Yeras


44,000 is the net Book Value of Asset on 25.02.2009.

in this case,

which data i have to be taken

if i taken 55,000-00 (acq value)

is it possible to upload the depreciation amount or is it necesary to run the deprecuation for two years.

kindly give your Valuable Suggestion,

i am waiting for your reply as early as possible.

with Regads,

Arun Kumar