Fixed Assets - EBS (MOSC)

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Existing Asset Back from sale

edited Oct 8, 2016 5:00AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

Hi Team -

We have sold an asset 3 months back for which we received the sale value also,

Due to some reasons, we received the asset back since the Customer was not interested the way the product is working and they returned to us.

Question here...

Shall we re-instate the asset and continue with the depreciation as it is ? If not, do we need to treat them an asset which will required to be created through Quick or detailed asset workbench and continue the depreciation ?

Please let us know the best way to continue the asset existence in our Asset Book ?

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