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Former Member
Aug 22, 2011 at 11:01 AM

accumulated depreciation is not posted at the time of sale of asset with r

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hi

all

i have created a asset with acquisition date 1.4.2011. i have posted the acquisition value as 20000 inr.

i have executed the depreciation run in AFAB t.code for april2011, may 2011,.. the depreciation is posted. in august i am retiring the asset with revenue in f-92. at this time the accumulated depreciation is not debited . the system is taking the difference between the acquisition value and sale proceeds to loss on sale of asset directly.

pls suggest me what is to be done

thanx in advance