Asset Class issue
Due to Companies Act 2013...we are implementing Asset Useful Life for Depreciation.
I have a issue that earlier, there was a Asset Class, LMV (Light Motor Vehicle)... now we have to divide it into 2 parts i.e. TWO WHEELER & FOUR WHEELER.
Now my question is that when we run the Depreciation for this Asset Classes (for old assets)...how it will distribute Asset Dep. Value (due to 2 Asset Classes)...