Tax Book Migration - Transactions
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;