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Former Member
Dec 31, 2008 at 09:26 AM

Legacy Asset Transfer in case of Parallel ledger Accounting

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Hi,

We have four depreciation areas :-

01- US GAAP - assigned to ledger group 0L(0L- US GAAP)

15- INdia TAX Deprecuation - Assigned to Ledger group N0( N0- IN GAAP)

20- IN GAAP - Assigned to Ledger group N0

40- Derived Depreciation Area

The client has a scenario wherein they have some assets in IN gaap but they have not capitalized for US GAAP purpose. When I will be uploading Assets via AS91, is it possible to upload APC value in one area and not in other area.

I have the following setting for Depreciation Area:-

1 Book depreciation 1 0L

15 Depreciation as per Income Tax Act 1961 0

20 Cost-accounting depreciation 3 N0

40 Derived Area 6 N0

Is it possible to upload the APC values differently for two ledgers. The alternative workaround that I have thought of is to upload the APC value and full value of APC as accumulated depreciation.

Please sugges.

Regards,

SAPFICO