Hi,
As per Indian Companies Act, depreciation on assets with value below Rs.5000 must be written off fully as and capiatlization is done.
I have defined a depreciation key with 100% depreication. But in that case, depreciation of the asset is spreaded over the period of life. But the depreciation should be charged fully on that date.
Say 1200 ka sset hai
Depreciation uspe aayega 1200 Rs.
Rs. 1200 should be charged fully on single date.
So Every month Rs. 100 is not be spreaded.
How to do ?