Hi
Guru's
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