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Reply from Ron Roberts on Dec 10 at 3:17 PM In answer to your first question, you can have different values contained in different depreciation areas within an asset. Usually area 01 is used for your general ledger accounting, with other areas used for tax and other reporting. So, if you have different values for the asset for accounting vs. tax, just use another depreciation area for the tax valuation and depreciation.
| | | ---------------Original Message---------------
From: Sridhar
Sent: Wednesday, December 10, 2014 12:22 PM
Subject: Statutory Fixed Asset - Need Different Statutory Fixed Asset Value
Dear Friends,
I have the following problem in Fixed Assets.
1. Need a different statutory fixed asset value maintained for Licenses (3-4 assets).
2. Additional Fixed asset values required are: Tax (not currently in Legacy system - calculated in Excel).
( How taxes are calculated in Fixed assets)
Ex: Input tax is calculated in purchase Order.
Please suggest.
Regards,
Sridhar |
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