Topic: How to process depreciation of assets created 2-3 financial years back
Assets are depreciated for number of years like 5 years, 10 years, etc. Now, if I have an item with a depreciation date in the financial year 2016-17, how can I process depreciation for that item for the current financial year, because only items with depreciation date falling in the active financial year are available to process.
I am sure I am getting something wrong here. Please help me out in this.
Thank you all in advance.