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Reply from VidhyaDhar on Jul 28 at 2:20 PM Both Casey and Shinu are right in their own ways.
Do you want to hold on to the asset but need a temporary suspension of depreciation? If so, then Casey's solution could help. On the other hand an asset retirement could permanently stop or reduce future depreciation as suggested by Shinu and it depends on a total or partial retirement.
Regards
VidhyaDhar
| | | ---------------Original Message---------------
From: Shinu
Sent: Saturday, July 28, 2012 10:14 AM
Subject: Depreciation Suspension
Dear member,
You are absolutely right ?
No need to worry...
at the time of Disposal, mention Jun 30 as value date.
System automatically reverse the depreciation on July and net book value
will be calculated based on till Jun 30 depreciation.
Go ahead ..
No worries..
Regards
Shinas |
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