Hi All,
Greetings.
I am preparing the Asset Register for my client.
The requirements goes like this.
Gross Block (without depreciation) | Depreciation/Amortisation | Net Block (after deducting Depreciation) | |||||||
As on beginning of the year Example- Asset Gross Balance without depreciation on 01.04.2008 | Additions during the year Example- Asset Purchase during 2008-2009 | Sale/Adjustment during the year Example- Asset Sale during 2008-2009 | Gross block as at end of the year Example-Asset Gross total without depreciation on 31.03.2009 | Upto beginning of the year Example-01.04.2008 ![]() | Dep. Written back![]() | During the year![]() | Upto end of the year Example- Total Dep. On 31.03.2009 | As on end of the year Examle-Asset Balance on 31.03.2009 | As on end of the previous year Example-Asset Balance on 31.03.2008 |
I want to know if I can get Gross Block as on beginning of the year directly from any table. Since, Net block end of the year will be based on the Gross Block - Depreciation. Hence, how do we get the gross block at the beginning of the year?
Please advice, very urgent.