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Is it possible to retire an asset in the same period it is added?

Answers were Sorted based on User's Feedback



Is it possible to retire an asset in the same period it is added?..

Answer / svijay.sure

There is no retirement possible, because the depreciation
for the same can be posted at the end of the period. That
means you can delete the transaction n number of times in
the same period, but retirement is not possible

Is This Answer Correct ?    7 Yes 1 No

Is it possible to retire an asset in the same period it is added?..

Answer / sunil kardam

You can't retire the Asset in the same month in which it has been added in the fixed asset.

Is This Answer Correct ?    4 Yes 2 No

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