Thank you Mani for your reply.
Asset depreciation should be SLM only. My problem is, while calculating depreciation, system should consider the posted depreciation value and plan only the remaining depreciation amount.
Acquisition value: 50000
Depreciated value last year: 5000
Net book value as on Jan 2014: 45000
Depreciation %: 10% (SLM)
Depreciation already posted during (Jan 2014 to June 2014): 2500
Remaining depreciation this year (July 2014 to December 2014): 2500
In AS91, I have given the takeover values as below:
Acquisition Value: 50000
Old depreciation posted: 7500 (5000 + 2500)
Net Book Value: 42500
Now, when I run the depreciation, system calculates the value as 5000 again. It should be 2500 only, because we have already depreciated 2500 in the first half of the year 2014.
Hope I have put my question clearly, I want the system should consider the posted depreciation value for this year and calculate the remaining value.
Thanks
SV
