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Former Member
Nov 17, 2010 at 01:23 PM

Asset revaluation and subsequent depreciation

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Hi,

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?

Base method

Decl.-bal. meth

Prd cont

Multilev.meth.

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.

Thanks

George