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'Schedule for Depreciation as per Income Tax Act, 1961' not generating (Indian localisation)

Posted on by Microsoft Employee

Hello Experts,

I have setup all the required details and setup regarding 'Income tax Depreciation'

I am now trying to generate the Schedule

But it is blank .

Any help.

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  • Verified answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: 'Schedule for Depreciation as per Income Tax Act, 1961' not generating (Indian localisation)

    Hi Everybody..

    I figured one solution for this.

    Is there any alternative solution, please provide the same to me.

    The reason that I didn't get the report was due to the fact that acquisition cost was not populated from the Depreciation set up.

    I looked through the setups again and again to find out.

    Finally I had to use the function 'Copy Depreciation Book' to copy costs etc from Company book to Income tax book.

    Then the Report was generated.

    This function is found in Depreciation Book Card

    Please share if there is any alternate solution for this.

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