Skip to Content
0
Former Member
Jun 29, 2011 at 09:40 AM

Change of Depriciation method from WDV to SLM

393 Views

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