[quote user="Ludwig Reinhard"]
use a separate accum. depreciation account (gross method).
The gross method is better because many accounting bodies require explicitly the reporting according to the gross method, which gives better insights in the fixed asset structure.
[/quote]
Thanks for the reply ,
In this case , accum.depreciation account and acquisition account will never become zero, always contain the balance.
If we go with the depreciation process only( not sale / scrap ) , then these accounts never become zero.