Page 1 of 1

adding value to an existing asset

Posted: Thu Feb 28, 2008 3:27 am
by eswar_chinni
HI

How to add value to an existing asset, this value may be increment or decrement

ex: A is an asset worth of $1000, later i want to add $100 to existing asset.

thanks in advance

Posted: Thu Feb 28, 2008 1:36 pm
by benny
Eswar,

This scenario is basically an ADJUSTMENT to the asset.

You could do the following,

1.Query the asset from the asset work bench.
2.Click the BOOKS button.
3.Go ahead and change the cost in tHE CURRENT COST field and save it clicking done.

Thnks,
Ben[?]

Posted: Fri Feb 29, 2008 4:02 am
by eswar_chinni
hi ben

can i do increment and decrement once i run depreciation

Posted: Sat Mar 01, 2008 9:56 am
by pinnaka.financial
hai
ithink that you have to add value to u r asset(decrement or increment)
through revaluation of the asset

if u have run the depreciation first u haveto roll back depr. then you run the revaluation

u have any other way plze send me

satyam