De-Capitalization of assets in IFRS Ledger

Hi

there is one asset as on 31st Dec 2010 with Cost: Rs.1000, Acc Depn: Rs.200 and WDV: Rs.800

Now it should be inventoried as current asset w.e.f 1st April 2010. So need to de-capitalize it and transfer it to inventory (stores spares) w.e.f 1st April 2010  on for IFRS

What i did:

1. Created one transaction type and restricted to IFRS depn area

2. Gave depn key to "0000" to nullify the effect of depreciation for 9 mnths

Now if i use the transaction type i defined, will it help to post my requirement of decapitalizing in IFRS ledger only?

Entry Should be:

IFRS Stores A/c.. Dr (GL account)

   To Asset A/c (recon a/c)