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Aug 06, 2015 at 12:24 PM

Tax Depreciation

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Hi Experts,

Since go-live, a country Chart of Depreciation was missing tax depreciation in AUC asset classes. Due to this when the AUC asset was settled to Fixed Asset then those fixed assets also missed Tax Depreciation Acquisition values and Depreciation value. Later fixed the AUC asset class now which is allowing correct posting of tax depreciation area for newly created AUCs and in turn Fixed Assets.

In order to fix the old assets for which tax acquistion values and depreciation values are missing a solution is required. User can post unplanned manual tax depreciation using standard transaction but when unplanned tax deprciation is posted then it also post IFRS and GAAP depreciation.

Kindly suggest the best possible solution for this issue.

BR,

Ramesan