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Fixed Assets - EBS (MOSC)

Retired Assets - Depreciation is showing as negative

Jun 28, 2018 11:52AM edited Jul 9, 2018 5:01AM in Fixed Assets - EBS (MOSC) 6 commentsAnswered

Hi Team,

We have asset which got retired on MAR-18, DPIS is 01-AUG-2014 , life is 4 years , cost is 44,95,000.

But still depreciation charged on APR-18 and amount is showing as -12,314.92. Accumulated depreciation is showing as 264,770.83

could you please throw some light on this.

Thanks

Koteswar

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