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