E9.2 Recording a Partial Impairment of Fixed Asset in JDE

parora

Well Known Member
Interested in hearing the approach you are using for recording a Partial Impairment of Fixed Asset in JDE. For instance if the Carrying Value/NBV of a Fixed Asset is $750, but the Recoverable Amount is now $700, how are you recording the impairment charge of $50 to JDE:
  • Do you record impairment as offset to Accum. Depreciation?
  • Do you perform a split for the Impaired Asset?
  • Other approach?

Thanks.
 
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