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Former Member
Mar 17, 2011 at 09:42 AM

Change in the depreciation already posted.


Dear Experts,

We want change in the rate of depreciation from 20% to 10% for a list of asset from 01.04.2010 on book value as on 31.03.2009.

Accordingly I have created new depreciation key of 10% and assigned it to Asset master.

But when Iu2019m running the report (AW01N), I found that old depreciation of 20% was already posted up to 5th period, and new depreciation of 10% is getting adjusted in 6th period.

I need new depreciation to be charged from 01.04.2010.

I know that reversal of depreciation is not possible once it is posted.

Is there any way through which I can get new depreciation from 01.04.2010 itself for my list of assets.

When i'm going for creation of new asset and transferring value of old asset as on 31.03.2010, there also i find that it is showing depreciation from 6th period.

Thanks & regards

Maurya Shantanu