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Re: Split asset from Main Asset with value date and depreciation amount as per Comp Act 2013

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Thank you Bernhard,

But i did the the process through ABSO.

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ABSO - Tr type 101 - Specify an Off Setting P&L Account which is not a cost element

 

The impact would be: (asset reduced to zero)

 

P&L account ...... Dr

Asset APC .... Cr

 

2. Create new asset masters through AS11

 

3. Do ABSO again with Tr Type 100 and specifying the same P&L account as off setting account

 

Choose the desired Cap date and Dep Start date in Asset master as required

 

Could you please suggest is this process is correct or not.

 

Regards

Pulak


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