IAS16 Accounting Standard - managing Assets in Seasonly use — Cloud Customer Connect
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IAS16 Accounting Standard - managing Assets in Seasonly use

in Assets 2 comments

Summary:

IAS 16 defines depreciation seasonly during one fiscal year, and yearly this is still managed by Str line. The depreciation amount is less for winter months and more for summer (because the asset is more in use in summer time) .

So the influence is only on P&L monthly results, Yearly no changes for depreciation report.
so the question is, can we use Manual defined Table Depreciation method? Or we can only use “Unplanned Depreciation” task to adjust monthly depreciation amounts ?
please suggest

Marina Dorfman,

ERP Consultant, Oracle Israel

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