Dear Gurus,
We are facing an issue that we want to configure our system according to new company act schedule 2 for calculation of depriciation cost for assets.
Earlier we were using SLM method which was on percentage basis .
But now as per new guide lines we have to calculate in WDV method according to useful life of assets.
Also please tell us whether we have to create new assets as its not allowing to change depriciation keys in asset.
Thanks
Himanshu