interest on asset

[Former Member]

hi all,

can any one explain me on what senario we calculated intrest on asset. if possible with one example.

pionts will we assign for ur good answer.

regards

supriya thodimela.

[Former Member · Accepted solution]

In Thailand, if you lease equipment from another company, you show it on your balance sheet under property, plant, and equipment. You can claim the appropriate portion of the asset's depreciation incurred during the lease.

Define leasing types in Customizing for Financial Accounting (FI), by choosing Asset Accounting - Special Valuation - Leasing - Define Leasing Types. When you specify an input tax code, only use deferred tax codes as input tax.

So that you can post the interest charged by the lessor, define the interest expense and clearing accounts in Customizing for FI, by choosing Asset Accounting - Special Valuation - Interest - Assign Accounts.