Depreciation Keys for US,Canada, PR
For Canada, I have 01-book dep local currency, 21 - ADS Historical Tax Book(CAD), 22ADS FMV Tax Book (CAD), 32 USD/US GAAP, 15 Capital Cost Allowance Percentage.
For PR, 01-book dep S/L starting beginning of period, 21 - ADS Historical Tax Book, 22ADS FMV Tax Book
For US, 01 - Book dep S/Lstarting beginnning of period, 10 FederalTaxACRS/MACRS - 3,5,7,10 years prop, 11 Alternative minimum tax 150% DB, 12 Adjst current Earnings - Alt min tax 150% DB, 13 Corp E & P half years - All years, 42 - State Tax 1 - Declining Balance 2x, 43 - State Tax 2 - S/L from acq. Value to zero w/o interest
Please guide me as to what dep keys have to be used for all the above Dep areas.
Appreciate your help.
There is no 'one' answer to that. Different customers have used different depreciation keys based on their particular needs. SAP comes with country specific charts of depreciation that include the depreciation keys that meet the specific country requirements. The list of depreciation keys is long. Based on the requirements of your customer you need to go to that list and choose the depreciation key that should be used.
You should be able to match up the your customer's requirements to the available depreciation key. If needed you can copy some of the delivered keys and make changes to them -- for example if you need to change the period control methods that are assigned.
It is not feasible for you to expect the folks here to provide you with those answers.