Skip to Content
0
Feb 07, 2012 at 05:32 AM

Asset Retirement & Depreciation Reversal

475 Views

Hi All,

Please guide how to reverse the depreciation posted and after that the asset needs to be retire. Ex - An asset purchased in 2010 which needs to be retire now in back date (2 months back) but before that we need to reverse the depreciation posted for two months. Please guide if it is possible.