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Former Member
Jun 17, 2009 at 12:11 PM

Asset Value decrease

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HI All,

here my requirement is one asset having net book value 100 rs. and it was depreciated to 99 rs.(now net book value 1rs) in the year of 2008. Now user wants to post credit note for 50 rs. i.e net book value is -49rs.

my views:

to maintain -(minus) value it's not suggestable.

Can any one tell me another way to achieve this requirement

Thanks & Regards

Phaneendra