If you're here then you probably already know about how the IRS has a separate depreciation schedule for passenger vehicles (including electric vehicles). This was referred to as luxury auto depreciation. This blog will show you that it can easily...
SAP can easily handle US tax depreciation requirements. In this blog, I'll show how the US Mid-Quarter convention works.
For the tax accountants that want to know if they can make prior year asset basis adjustments without impacting the corporate book.
Third part of the blog series covers how tax basis adjustments are made so that the corporate book isn't impacted.
To better understand how SAP Fixed Assets supports US Tax calculations we'll have to review how SAP keeps all of the asset valuations separate.
Can SAP Fixed Assets handle the complicated (and ever-changing) rules for US Taxes? Step into this blog series to see what's possible.
Do you use daily depreciation in SAP Fixed Assets? You shouldn't!
Ever run into error AA662 in SAP Fixed Assets? Read this blog for the answer on how to fix it.
You can reverse settlements, payment runs and lots of other month-end jobs. Can you reverse a depreciation run? Yes... but read more to find out how.
The last part in the ARO blog series covers some basics of the accrual engine and how the month end accretion postings are made.