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Former Member
May 02, 2014 at 04:21 PM

Brazil depreciation posted at asset level?

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Hi all,

I did a quick search here and didn't see anything so thought I'd ask.

We are hearing from our business partners that Brazil has a local statutory requirement to post depreciation to the local ledger in the new GL at the individual asset level, rather than a summary posting. Has anyone heard of such a requirement? Do others use the standard SAP depreciation program to make summary depreciation postings to the GL for Brazil local books? Seems crazy to me. 😊

Thanks,

Patrick