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Former Member
Sep 13, 2007 at 06:20 AM

depreciation Areas

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Hi to All,

My indian Co. is having its local currency as INR(assigned to 0L) and Group currency as GBP.(assigned to 2L).The accounting principle assigned is Indian Acc stds for 0L and IFRS for 2L.

Now in my chart of depreciation i have created following depreciation areas.

01 Book Depreciation Posting real time 0L

02 Book depreciation as per Group currency No posting

03 Book depreciation as per IFRS Post deprecaition only 2L

60 Delta depreciation area(03-01) Area post APC only 2L.

After defining these depreciation areas when i assigned then to Co code. it gives me an error as "inconsistency between your COD and Company Code."

I am also not sure about depreciation areas. Can you please guide me as to which depreciation areas i need to create for my indian Company.

I had checked all the settings regarding parallel currencies, currencies assigned to my depreciation ares etc.

Please guide me as this is very URGent

thanks in advance

tanuja