reverse depreciation

[jyoti_singh3]

Hello All,

We have a requirement where

the depreciation should be provided two options.

Option1-> Non commercial vehicle -> depreciation for tax area is maximum at 1 million.

Option2-> Commercial vehicle -> depreciation for both tax and book is the same. Run depreciation over 6 years with 1 BV left over if it has been used more than 6 years.

Moreover for the tax depreciation the value has been posted for previous year. At the end of useful life this has to be reversed.

As far as I know we cannot have both the option 1 and 2 in the same asset class.

Kindly let me know if there is any solution for any of these above stated problem. It urgent

Thanks

Jyoti

[Former Member]

Hello

you can create seperate asset class

or give sub numbers or you can create asset

& run seperate depriciation

Regards

chandrashekhar

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[jyoti_singh3]

Hello,

Thnaksa lot for your response. Can you please explain how we can create seperate asset and run depreciation. DO you mean that we can provide different depreciation key in the asset master data and it will be taken care of.

Moreover I didn't get how we can use asset sub number for the same.

Thanks

Jyoti

[Former Member]

if you can give your email I can send you screen shots

chandrashekhar

[jyoti_singh3]

hello,

Please send it to jyoti.imt@gmail.com.

Thanks a lot.

Jyoti

[Former Member]

Hello

I have send you the reply on your email see if it is useful to you

chandrashekhar