Change of Depriciation method from WDV to SLM

[Former Member]

Hi,

My client wants to change the depreciation method from WDV to SLM and also wants to change the dep rate.

For Ex.

Asset purchased on 01.04.2009 for Rs.50000/- Rate of Dep WDV 5%

Op Value01.4.09 Dep for 2009 Closing value 31.03.10

50000 2500 47500

They want to change method from WDV to SLM and Dep Key to SLM 6.33% on 01.04.2010.

Op Value01.4.09 Dep for 2009 Closing value 31.03.10

50000 3165 46835

But they want all the adjustment takes place in current year (2010) only ie Excess dep amt 665/- (3165-2500) should be posted in 2010.

How to resolve this issue.

Thanks and Regards

Kshipra G

[ajaycwa1981 · Accepted solution]

Hi Shipra

Whats your last depreciation posted period? The answer to your question would depend on this

if you have already posted dep in 2011, then you cant go and post in 2010

Only wayout in that case would be to post an Unplanned dep in 2010 for 665

br, Ajay M

[Former Member]

Hi,

Change to the SLM Dep. Key in the asset master and execute the depreciation run for Apr-10 in the month end. It will post the difference entry (665/-) in Apr-10 only.

Regards,

Kiron Kumar T.