How to setup asset Adjustment depreciation ?
Hi,
We are having difficulty configuring the Adjsutment depreciation for corporate book and tax book in FA, the standard function allows us to do the configuration ? or we need to install entity localization ?
For example:
asset cost 120,000.00 euro
asset life 10 years
asset put in service is 03/24
Corporate book starts depreciation on 04/24
Tax book starts depreciation on 01/24
the first adjustment 50,000.00 euro took place in service on 05/24
total cost 170,000.00 euro
Corporate book stats with new amount the depreciation on 06/24
the seconde adjustment 20,000.00 euro took place in service on 08/25
total cost 190,000.00 euro
Corporate book stats with new amount the depreciation on 09/25
Tax book starts depreciation on 01/25