Gross block & accumulated depreciation in tally
This query is : Resolved
23 October 2012
Presently,fixed assets are appearing at WDV in tally.How to present the same using gross Block & accumulated depreciation under revised Sch VI in Tally.
CA. RAGHAV GARG
(Expert)
24 October 2012
.not possible as per sch vi but u can create accom depreciation account undr group fixed assets it will resolve your problem
24 October 2012
thnx...same will result in Fixed assets reflecting as Gross block..( wdv+acc dep)
but how the accu dep will seperately appear,i.e.
Gross Block: 110
Acc Dep:10
net block: 100
under Tally,Sch VI,Bal Sheet..????
but how the accu dep will seperately appear,i.e.
Gross Block: 110
Acc Dep:10
net block: 100
under Tally,Sch VI,Bal Sheet..????
Vivek Hebbar
(Expert)
24 October 2012
I believe, tally has come out with an upgrade for presentation under the Revised Schedule VI. You can try that.
Even the earlier version had presentation under the old schedule VI.
Even the earlier version had presentation under the old schedule VI.
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