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Negative NBV in tax books after retirement without revenue

Jan 23, 2017 at 01:12 AM

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Former Member

Hello Everyone,

We have retired bunch of assets with transaction ABAVN and transaction key 20A. In the book depreciation remaining NBV got cleared as expected but in the tax books, NBV is posted as negative value of APC.

Here is the book depreciation as expected

And Here is the tax books where NBV is negative

Transaction Type 20A is configured as below

Special treatment for transaction type 20A for book depreciation (not for tax books)

Need your help understanding why NBV in tax books is negative.

Thank you,
Atul

before.jpg (58.4 kB)
tax2.jpg (58.1 kB)
20a.jpg (47.9 kB)
special.jpg (43.3 kB)
capture.jpg (31.2 kB)
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1 Answer

Bernhard Kirchner
Jan 25, 2017 at 09:21 AM
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Hi Atul,

really strange.

Could you please test with another transaction types?

best regards

Bernhard

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Former Member

Hello Bernhard,

Yes, I couldn't figure it out. We reversed all the assets and re- retired by using another transaction type .

Thank you for looking in to the issue.

Atul

1

Hi Atul,

thank you for the feedback.

best regards

Bernhard

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