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Former Member
Feb 23, 2011 at 01:54 AM

F-92,gain or loss is calculated seperately for curr.year and prior year APC

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Dear Experts,

I used the F-92 to retirement an asset with current -year and prior-year APC values, the system calculated gain and loss seperately for curr.year and prior year APC, which caused the unwanted posting lines, it posted to both Gain from asset sale and Loss from asset sale.

F-92 uses transaction type 210 as default.

Here is the example posting line:

Dr. AR-Customer 4,044,514.08 CNY

Cr. gain from disposal of fixed assets-transition -4,044,514.08 CNY

Cr. Asset : Acquisition from prior year -4,418,803.60 CNY

Dr. Asset : Acquisition for a negative asset from current year 145,299.11 CNY

Dr. accumulated depreciation from current year 261,041.67 CNY

Dr. fixed assets revenue clearance-transition 4,044,514.08 CNY

Cr. gain from disposal of fixed assets -33,179.26 CNY

Dr. loss from disposal of fixed assets 1,128.00 CNY

Please help up, how can the system avoid to calculate gain and loss seperately for curr.year and prior year APC vaules, and would post either gain or loss instead of posting to both of them which is incorrect from accounting's perspective.

Br

Sophie