f-92 error

[Former Member]

Dear All,

When i want to sell the assets. in f-92. i am getting this error.

TRANSACTION IN AREA 15 CONTRADICTS THE NET BOOK VALUE RULE.

PL GUIDE ME TO SOLVE THIS.

GIRIJA

[Former Member · Accepted solution]

Hi,

Can U pls give me the message no. So that i can understand what's the problem exactly. And also see the Asset Book value.

[Former Member · Accepted solution]

HI,

here i give the message no and details

Message no. AA660

Diagnosis

The document cannot be posted, as it is contrary to the net book value rule which is checked in area 15.

Procedure

This error usually occurs when you enter proportional values. The proportional values exceed the amount posted, for example, post capitalization of 100 but proportional depreciation to the amount 110. Check your entries and correct them if necessary.

girija

[Former Member · Accepted solution]

check the value entered in depreciation area 15 (tax depreciation) and correct accordingly.

[Former Member]

Hi,

Change the depreciation value for your deprecation area 15 and give a try.

Regards,

Satish Muvva.

[Former Member]

Hai Girija

You will check the dep. areas t.code OADB in that select ur dep. area, in value maintence tab Net Book value should be the select ALL VALUES ALLOWED

Regards

Madhu

[Former Member]

Dear all,

15 area Depreciation as per income tax act 1961 gl i assign 0.

it is correct or not pl clarify this.

girija