Dear All
The configuration of 100% deprecaition key in our system is like that it apportions the depreciation in 12 months..
My requirement is that the assets having value of Rs5000/- or less should be written off in the same year( which is an Income tax law)..
I want that these assets should be written off in the first month of acquisition itself or in any way they should get100% deprecaited in the same financial year..
Please guide me how to configure depreciation key for the same..
Regards
Ruby