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Former Member
Mar 02, 2011 at 03:23 AM

Capitalizing inventory in IFRS LEdger



There are some materials which i need to capitalize the in IFRS ledger. It means as per IGAAP it will be in inventory stock and in IFRS it will be in fixed asset schedule

I will create one separate asset class and create asset master. But how to post the transaction only in IFRS ledger i.e. debiting asset and crediting material.