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Asset Register- Gross Block and Net Block calculation

Hi All,

 

Greetings.

 

I am preparing the Asset Register for my client.

 

The requirements goes like this.

 

 

GROSS BLOCK (WITHOUT DEPRECIATION)
DEPRECIATION/AMORTIZATION
NET BLOCK (AFTER DEDUCTING DEPRECIATION)

As on beginning of the year

Example- Asset Gross Balance without depreciation on 01.04.2008

Additions during the year

Example- Asset Purchase during 2008-2009

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Sale/AdjusTment during the year

Example- Asset Sale during 2008-2009

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Gross block as at end of the year

Example- Asset Gross total without depreciation on 31.03.2009

Upto beginning of the year

Example-01.04.2008

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Dep. Written back

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During the year

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Upto end of the year

Example- Total Dep. On 31.03.2009

As on end of the year

Examle-Asset Balance on 31.03.2009

As on end of the previous year

Example-Asset Balance on 31.03.2008

 

 

I want to know if I can get Gross Block as on beginning of the year directly from any table. Since, Net block end of the year will be based on the Gross Block minus Depreciation. Hence, how do we get the gross block at the beginning of the year?

 

Please advice, very urgent.


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