This paper proposes a new strategy to describe both nonlinear elastic and asymmetric plastic behaviors (early re-yielding, transient Bauschinger effect, permanent softening, and work-hardening stagnation) only with one yield surface. There have been the popular models, such as Yoshida-Uemori and Quasi-Plastic-Elastic (QPE) models, that have led to remarkable improvements in describing material's behavior and predicting springback. Although the Yoshida-Uemori model describes the asymmetric plastic behavior, it is challenging to follow the nonlinear elastic response. On the other hand, the QPE model does not capture the work-hardening stagnation though it follows the nonlinear elastic behavior. Besides, the above models have multiple surfaces leading to a complex mathematics and, then leading to increased computation time. In this study, a new one surface method incorporates state of strain change or state of energy change as well as the stress state in determining the deformation mode, so that it is possible to keep only one yield surface. In order to capture the work-hardening stagnation, the one surface method traces the equivalent plastic strain, then compares the change in the incremental equivalent plastic strain of the current path to the accumulated one up to the previous path when the loading direction reverses. This way makes the computation time much faster than an existing method which employs an additional surface to capture the work-hardening stagnation. The one surface method has been implemented into a user-defined material (UMAT) subroutine, and validated by comparing it with the experimental results and the results from Yoshida-Uemori and QPE models with cycling loading conditions and U-draw bending test. This work shows that the one surface method can describe both nonlinear elastic and asymmetric plastic behaviors with the reduction of complexity and computation time.