Fixed Assets - EBS (MOSC)

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Tax Book Migration - Transactions

edited Jan 10, 2017 1:44AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

Hi,

     I have just completed a FA Migration and would like confirmation that the following scenario is correct;

1) Asset added to Corp Book, Cost = 150 (= Historic Cost)

2) In same period, Asset Revalued, new Cost = 200

Corp Book; Cost History

Transaction Type = Addition, Cost = 150

Transaction Type = Revaluation, Cost = 200

3) Initial Mass Copy to Tax Book (which is a Book based on Historic Cost)

4) Upload Tax Book Interface (set Cost = 150 = Historical Cost)

Tax Book; Cost History

Transaction Type = Addition, Cost = 200

Transaction Type = Adjustment, Cost = 150

Just want to check that the way this is showing in the Tax Book is as intended.

Please note that the configuration for the Tax Book;

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