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Re: [sap-acct] Can we create assets in SAP with different book and tax values?

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Posted by Sharad_Vimadalal
on Mar 8 at 1:37 PM
Hi,

*I do not agree with the general sentiment that we should not inflate or
deflate the values for different areas.*

Actually the purpose of the functionality and features is to allow you to do
it if business needs it. If business needs it they also know that it is
legal to do it. There are laws in many countries that allow a depreciation
on a higher base or other accelerated depreciation charges (e.g. energy
saving investments). I such cases you have to have different values
specified in different areas to calculate different depreciation either
posting to different ledgers or creating a report.

SAP is a fully law compliant system and will not offer a functionality if it
is not legal to do the business in different ways or report transactions in
different way for different purposes.

---------------Original Message---------------
From: Atashi
Sent: Tuesday, March 08, 2011 9:51 AM
Subject: Can we create assets in SAP with different book and tax values?

Thanks guys.. I agree to the fact that inflating/deflating the acquisition values is not a correct practice. I have advised them the same but for some reason they keep coming back with the same question. So I posted it in the forum to know what the experts think. Thanks everyone for the help.

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