Hi,
I'm sorry if this has been posted before, but I couldn't find a thread that relates to our situation.
We did an interco asset transfer from company A to B on mid Sep 2010, the asset is thus retired in company A.
Planned depreciation (Sep 2010) is then run for both company A and B, with the following result:
- Company A: no depreciation
- Company B: $20 depreciation
Now (Nov 2011), it is found that the $20 depreciation in company B should have been posted in company A. How can we achieve thru FI-AA, whereby the accum and ord depreciation in both company A and B will be adjusted for this $20 accordingly?
Regards
Gabriel