Skip to Content
0
Jan 11, 2012 at 01:27 PM

Impairment Legacy data upload process

78 Views

Hi Guys ,

Can you please brief about, how to upload legacy data of an assets with impairment values ? I have gone through the several threads and understand to enter unplanned depreciation in AS91 take over values but my purpose is not solving ,if i enter like that. Let us say an example

I have an asset INR 1000.00 ( Gross Block value) ,up to 31.03.2011 Reserve is INR 200.00. Day 31.03.2011 impaired ( Reduce the value ) as INR 300.00. Now my net book value is INR 500.00.

I need to calculate depreciation on INR 500.00 as base value not INR 1000.00. If i use AS91 and enter gross block value as INR 1000.00, Depreciation reserve as INR 200.00 and Unplanned depreciation as INR 300.00,in AW01N ,depreciation calculating on INR 1000.00 as base value not INR 500.00

Regds

SumaMani