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you can set up asset transaction types scrap, unplanned depreciation that are applicable just for a particular depreciation area...
| | | ---------------Original Message---------------
From: PSD Rajan
Sent: Tuesday, March 08, 2011 7:33 PM
Subject: Can we create assets in SAP with different book and tax values?
Agreed. There are instances where the asset is written off and even retired
in the books, but continue to depreciate in the tax areas. And, in some
cases of acquisition of business, there could be difference between book and
tax due to adoption of purchase accounting or revaluation
(step-up). Tax will be based on historical cost and books on revaluation.
That said, when new assets are acquired, there should be no requirement to
post different APC values. The depreciation base can be and should be
managed using depreciation terms.
Tax areas are generally set to take over APC value from the book area. With
such a setting, it would be possible to integrate Purchasing, GL and AA.
Changes to APC for tax area can, of course, be done independently in AA,
losing the benefit of integration. But such a requirement for new asset
additions is unheard of. No law in any land will say that a dollar in the
books actually spent is worth any different for tax purposes. A dollar is a
dollar. Period. |
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