Dear Sapiens,
I am configuring asset accounting with the following parameters:
We use New GL, and we haev two parallel ledgers, one for IFRS and one for Local accounting principles.
For assets I set up two depreciation areas: one for IFRS valuation and one for Local. Both areas post APC and Depreciation as well, the IFRS area to the IFRS ledger, and the Local area to the Local ledger. Posting of the different depreciation values in the appropriate ledgers works nicely. However, I would like your input on how to handle the following situations:
1) The Acquisition value of an asset is different in IFRS as in Local (e.g. in IFRS you capitalize transportation costs while in Local you do not). How do I post a different acquisition value in the two areas?
2) If an asset has the same APC value in both areas, but the depreciation rate is different, upon sale or scrapping of the asset the write-off of the remaining net value should be different (e.g. the remaining net value in IFRS is 1000, while in Local only 800). I cannot get the system to post the appropriate remaining net value to the appropriate ledgers. SAP HELP mentions that maybe a delta depreciation area should be set up, but it is not very clear; I tried using the wizzard for parallel valuation, and it did create the delta area, but this dod not solve the problem.
Thanks in advance for any help.
Sandor