Hi All,
Greetings.
I am preparing the Asset Register for my client.
The requirements goes like this.
| GROSS BLOCK (WITHOUT DEPRECIATION) | DEPRECIATION/AMORTIZATION | 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 minus Depreciation. Hence, how do we get the gross block at the beginning of the year?
Please advice, very urgent.