Manage IAS23

Summary:

What is recommendation for Managing IAS23 - accounting procedure for borrowing costs are included in the cost of the asset, where the real asset is booked in one company and the borrowing costs in corporate company. Only in consolidation corporate report they are closed in one asset.
We are going to use Fixed Assets module for manage IAS23 Assets in Corporate Book, is that make sense?
(and in Consolidation we are going to Run Allocation rules.)

Please suggest,

Best Regards,

Marina Dorfman, Senior Financial ERP Consultant, Oracle Israel

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