We have a requirement to post US tax depreciation based on the revalued amount of the revalued asset.
We have completed the following:
- Created the transaction type for each type of tax depreciation.
- Posted revaluation adjustments using transaction ABAW but we would expect the depreciation calculation to adjust automatically.
Is there something that i am missing here? Does the depreciation key need to change or is a new depreciation key required, and if so, what are the required settings for the following?
Is a new depreciation area required in order for this to work?
Is there are requirement to recalculate values using transaction AJAR at any stage?
Your feedback on this is much appreciated.