on 11-01-2007 9:31 AM
Hi All,
Please explain to me the relevance of Special Reserves in Asset accounting and how posting would be made to them incase an asset is retired by scrapping (no revenue)?
Thanks,
Aditya
Hi aditya...
The "special reserves" component allows you to show the difference between book depreciation and tax depreciation in a derived depreciation area. You can use the values from this derived depreciation area to create special depreciation reserves for the balance sheet.
This path may solve u r problem....
Asset Accounting----->Special Valuation -
>Investment Support measure -
> Special Reserve....
Reward points if u so fit....
Dasharathi
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
102 | |
12 | |
11 | |
6 | |
5 | |
4 | |
4 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.