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author's profile photo Former Member
Former Member

Investment support / liability entries

Dear experts,

I am getting difficulty to understand how spec.reserves (AO88) acct is triggered during ABIF postings.

At the time of ABIF, I can clearly see asset deduction via standard account determination defined in AO90 (reduction APC value against investment support clearing account).

APC account Credit

Inv clearing account Debit

At the time of depreciation calculation, I can see following entries which make sense to me:

Val.adj.acct - inv.supp. write-off Debit

Ordinary write-back Credit

However, I should see somehow posting to Spec.reserves acct (inv.supp. on liab.).Where this liability account will recognize ABIF amount and how ?

Thank you all for your support.

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 11, 2015 at 02:34 AM

    Hi,

    The posting entry for investment support is like below

    a) When you run ABIF (based on the new acquisition and your investment support measure to recognize the liability)

    Credit: Inv.supp. write-off Debit (Deferred capital grant in my screenshot)

    Debit: Clearing account ( operating grant in my screenshot)

    b) During depreciation

    Debit: Val adjustment acct inv.supp. write-off Debit (Accum DCG in my screenshot)

    Credit: Ordinary write-back Credit (DCG amortization in my screenshot)


    Untitled.png (24.2 kB)
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    • Former Member Former Member

      Liu,

      Area 41 is now properly configured with ACSET. Impossible to define profit center but I configured the standard one: cost center for APC and Depreciation postings.

      Depreciation postings under 41 are fine according to AO88 and posted to 41 based on the Investment Key configuration. However, ASKBN is not posting "liability value" to my ST ledger. Test run is green:

      Area 41 is defined as post apc and depreciation periodically

      Depreciation Area for APC reduction is only 41.

      I am progressing a lot with your support. Hope we'll be able to find a solution. Then I'll produce a detailed steps to ensure that those type of area are properly configured for the all other users facing same issue than me...

      Thank you

      ASKBN.png (44.3 kB)

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