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Fixed Assets - EBS (MOSC)

How to add the Salvage Value in Tax Book

Apr 13, 2018 5:07AM edited Apr 23, 2018 5:02AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered

Hi

I have existing assets in Corp and Tax Book

In the Corp Book Salvage value has been added during the period of its addition and the Depreciation amount gets calculated as per balance cost.

In Taxbook the salvage value is not added, hence there is difference in Depreciation amount getting calculated.

can I simply add the salvage value now in Tax book as per corp book or what process should i follow to add the same?

Rgds

Raju

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EBS_FA_Assets

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