Page 1 of 1

How to remove Salvage value of an Asset

Posted: Fri May 15, 2009 4:10 am
by aganguly
While creating the asset by mistake I had put salvage percentage(5%) of the asset. We have already run the depreciation for the last one year.Now we want to remove the salvage % of the asset. How to do that and what would be the financial impact on the asset.

Thanks.

Amitava