YTD Depreciation & Accumulated Dep for Loading in Use Assets
Hi Experts
Business Scenario:
1. I have list of 5000 Assets which was Physically Present in Premises which was currently in Use but not yet added in ERP
2. Now I want to load all those Assets in System
3. Example:
Asset Original Cost: 10000
Asset Life Yrs: 10 Yrs
4. Asset is being Used for the Past 4 Yrs now the remaining Cost of Asset is 6000
i.e Remaining Cost : 6000
YTD Depreciation 4000
Accumulated Dep: 4000
Question:
5. Now while loading Assets, I load Assets on Original Cost: 10000. Since there are so many bulk of Assets which I should Load but Unfortunately I cannot calculate YTD Dep & Accumulated Dep for all those bulk Assets Manually . So in this regard, Can I load all the Assets with dummy Figure for YTD & Accumulated Dep