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Asset Accounting



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Asset Accounting

Cost Break-up

Cost break-up of an asset can be maintained. Voucher wise details of cost break-up can be assigned to single asset.

Split

Provision is made for splitting of an assets into several small assets.

Gain / Loss on Sale

When asset is sold/discarded, gain or loss is automatically computed as per provisions of companies act. The WDV of block is suitably reduced for income tax purpose.

Service Code : 01

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