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Rollback of impairments in future asset periods

in Assets 1 comment

Summary:

The Impairment Assets White Paper states that Impairments can only be rolled back in the period in which they are posted, which I have tested successfully.

So, e.g. in 23-10 I created an asset and CGU and posted this but was not rolled back. Now this period is closed and 24-01 is open. So I cannot perform any actions on the 23-10 Impairment line. 24-01 is now open so have created a new asset and CGU which is also Posted so I can now rollback, rollback batch and delete.

So I guess my question is how to rollback in future periods. The only way I see it is to not change the status to Posted but let the Impairment be in status Previewed until we are sure about the Impairment Loss calculations because that is what the status Preview and Previewed does, right?

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