Fixed Assets - EBS (MOSC)

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Usage of old FA book

edited Oct 25, 2018 7:18AM in Fixed Assets - EBS (MOSC) 8 commentsAnswered

Dear Team,

My client want to reuse FA book which is not using from may-14 to till date.

From may-14 to till date all assets information was maintaining in excel sheet and  same has been submitting for audit at year end. Now management want to reuse the same book which is stop in Apr-14 month.

As per company policy management will not allowing us to open the periods to run the depreciation as well as retirement of an assets.

Kindly suggest us how to over come this

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