Dear All
I have made an Asset class for Office Equipment. Now I my client has purchased an Office equipment worth 3500. Since it is less than 5000, he wants it to treated as LVA.
But the problem is that he does not want to make a separate Asset Class for LVA. He wants to show the asset in the same Asset class..
1. The problem is that when I am purchasing this type of Asset, I am not getting a message for LVA.
2. In the Asset class for Office equipment I have assigned default depreciation key AD10. Thye clients requirement is that when the Asset is less than 5000 it should be treated as LVA and the depreciation key should be changed as it is to be written off in the same period.
Please advice.
Thanks & Regards
Kanwaljit