Skip to Content
0
Former Member
Jun 22, 2010 at 07:18 PM

Asset Retirement By Depreciation Area

511 Views

Hello,

We currently have 5 Depreciation Areas in our Company - 1 for Accounting, and 4 for US Tax. Is there a way that we can retire an asset, but only effect the Accounting Book, but leave all the other 4 Tax books alone?

We basically want to retire the Asset, but allow it to remain on the Tax books. A secondary requirement would be that we would eventually want to retire this asset from our Tax books at a later point in time.

Any information would be greatly appreciated.