Balance amount of net book values goes to Reserve A/c

Hello,

As Per New Companies Act India for Fixed Asset Rules has Been Changed from 01.04.2014,

As per earlier scenario we have calculated % wise Depreciation including some Useful life like 99.

Now As per New Companies Act now we have to Deduct Depreciation based on Useful Life say All Plant & Machinery useful Life 15 Years, Building 30 Years, Electronics Desktop laptop 3 years and if Amount is remain i.e Net book Value after expired of Asset, Value is showing 909/- these amount goes to Direct Reserve  A/c..

Note: Old one Percentage of Asset @16.21%   Net Book Value as on 31.03.2014 Rs. 909/-

Now As per New Company Act this amount goes to Reserve & Surplus A/c as discussed with External Auditor and accounting will be Generate as

Reserve & Surplus A/C Debit Rs. 909/- Balance Sheet A/c Liabilities.

Acc. Dep.A/C               Credit Rs. 909/- (Recon A/c) Asset.

We are having many Asset under this scenario i.e under Reserve should be posted above accounting while Depreciation Posting Year end 2014. 31.03.2015 simentionusly Depreciation Posting Also Generated which is Depreciate as per planned value. For remaining Asset which is not under Reserve.

1. I.e. Normal Process.

Dep A/c Debit

To Accumulated Dep. A/c Credited.

So, please suggest the solution, on urgent basis.

Thanks & Regards

Surya