cyberscout
Active Member
Hello,
For a financial reorganization of a customer we had to restate the fixed asset tax values (ledger D2) and adjust them to the commercial values (AA). For that we posted a standard JE entry with asset item number so they can be included in F1202. The assets contains the following depreciation rules:
AA 48 months N R
D2 9999 months W C 40%
They idea was that both ledgers start with the same value. So far everything was ok. Now on the D2 the system calculated the depreciation amount for the whole year and readjusts our correction in the next period. So it does not take the new net book value as a new base.
The following chart shows the values, the AA ledger on left and the D2 ledger on the right:
31.12.2009 Purchase 10'000 10'000
31.01.2010 Depreciation -208 -333
28.02.2010 Depreciation -208 -333
31.03.2010 Depreciation -208 -333
31.03.2010 Revaluation 0 +375
30.04.2010 Depreciation -208 -708
We tried all combinations of the fields Initial Term and Compute Directions but could not find a solution. Maybe someone here as an idea how we could solve this?
Best regards
For a financial reorganization of a customer we had to restate the fixed asset tax values (ledger D2) and adjust them to the commercial values (AA). For that we posted a standard JE entry with asset item number so they can be included in F1202. The assets contains the following depreciation rules:
AA 48 months N R
D2 9999 months W C 40%
They idea was that both ledgers start with the same value. So far everything was ok. Now on the D2 the system calculated the depreciation amount for the whole year and readjusts our correction in the next period. So it does not take the new net book value as a new base.
The following chart shows the values, the AA ledger on left and the D2 ledger on the right:
31.12.2009 Purchase 10'000 10'000
31.01.2010 Depreciation -208 -333
28.02.2010 Depreciation -208 -333
31.03.2010 Depreciation -208 -333
31.03.2010 Revaluation 0 +375
30.04.2010 Depreciation -208 -708
We tried all combinations of the fields Initial Term and Compute Directions but could not find a solution. Maybe someone here as an idea how we could solve this?
Best regards