Skip to Content
author's profile photo Former Member
Former Member

Value in parallel depreciation area

Hi,

This is with reference to the post at the following thread:

Asset Transfer

Mr. Kirchner has mentioned that:

The system will look at the APC and either fully or partially retire in the parallel currency area based on the proportional part retired in local currency (in most cases cases this would be area 01).

My question is: APC of Area 01 as on which date will be considered by the system for calcuating the proportional values?

2 situations:

- If I am transferring the asset in say FY 2011 and the asset has been acquired say in 2009: Is it the APC at the start of FY which is considered for the calcluation?

- If I am transferring the asset in say FY 2011 and the asset has been acquired say in 2011 itself, but more than one "APC" postings have been posted to the asset with different exchnage rates.

Regards,

S

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • Posted on Dec 14, 2011 at 09:21 AM

    Hi

    the proportional part is calculated based on the asset value date of the transfer and the period control for transfers (which is assigned to your depreciation key).

    Best Regards,

    Blaz

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.