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author's profile photo Former Member
Former Member

ASSET Depreciation

Hi ,

i have purchased PM worth Rs.500000 year 2007 and capilised the same year and depreciation is calculating properly

in May 2008 for this PM worthRs. 120000subsequent aquisation done .

system depreciation is calculating from year 2007 this is incorrect

depreciation should calculated from may 2008 onwards for subsequent aquisation ,

Pease advise how we can control this one

Regards

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Mar 05, 2009 at 04:17 AM

    Did you check the Period Control Method?

    2nd column on how to depreciate for susequent depreciations

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 05, 2009 at 04:27 AM

    Please check the first aquistion date of the subsequent purchases.

    Regards,

    Gokul

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 17, 2009 at 09:44 AM

    thanks

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