Hello,
There are two questions for which I am in need of clarification:
1) While disposing fixed asset, how to calculate depreciation for the remaining days till disposal date? For instance, I am disposing an asset on 07-july-2009. Is there any option available to calculate depreciation automatically with the disposal entry for 7 days in July (1-Jul-09 to 7-Jul-09)?
2) While posting disposal entry for Income Tax Depreciation Book, I am getting the following error message: "Cancel all the depreciation entries for the asset for the fiscal year before disposal.". Even though I have cancelled all the depreciation entried, I am still getting the same message.
Rgds,
Sriram
With Warm Regards,
Sriram
0
Comments
You need to tick field "Depr. Until FA Posting Date", which will calculate the depreciation automatically for the disposal entry.
Regards
Harjot
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