Net book value should not be ZERO
Posted: Sat Jun 16, 2012 6:32 am
Hi All,
Please tell me what setup required if the asset should not become 0
ex:
my asset cost 100
if it is fully deprecisted after some time Net book vaue will become 0
and Depreciation Reserve is 100 once it is fully depreciated.
but i want to leave 1 as netbook value in the last depreciating period.
so NBV should be always 1 if it is fully depreciated instaed of 0
Regards,
Stalin.
Please tell me what setup required if the asset should not become 0
ex:
my asset cost 100
if it is fully deprecisted after some time Net book vaue will become 0
and Depreciation Reserve is 100 once it is fully depreciated.
but i want to leave 1 as netbook value in the last depreciating period.
so NBV should be always 1 if it is fully depreciated instaed of 0
Regards,
Stalin.