Depreciation
Creation of Reserves from Gain from Asset Retirement
Questions:
Q: 1) Under what circumstances do you intend to create reserves from profits realized on the sale of fixed assets?
A: N/A now
Reserves Carry forward
Questions:
Q: 1) Do you create reserves for fixed assets?
A: [ ]Yes
[ x]No
Q: 2) If so, provide examples. How do you post? What are the reasons?
A: NA
Depreciation Processing
Questions:
Q: 1) What are the methods of depreciation that you are currently using?
A: Straight line for CO and
Q: 2) Do you calculate depreciation values to the day?
A: No
Q: 3) In certain cases do you change over from declining-balance depreciation to straight-line depreciation? If so, when?
A: N/A now
Q: 4) Do you want to allow negative depreciation for certain assets or categories of assets? If so, please specify.
A: N/A now
Q: 5) Do you distinguish between a fixed and a variable depreciation portion?
A: N/A now
Q: 6) How do you handle the period control for depreciation values?
A: Monthly
Manual Depreciation Planning
Questions:
Q: 1) In which cases do you need to start depreciation manually?
A: No
Q: 2) How often do you use the manual depreciation function?
A: N/A now
Q: 3) When do you use unplanned depreciation?
A: N/A now
Depreciation Posting
Questions:
Q: 1) Is it necessary, from a business point of view, to post depreciation directly to cost accounting? If so, which receivers are to be debited (for example, cost centers, internal orders)?
A: Cost centers
Q: 2) How often do you intend to post depreciation to the general ledger and to cost accounting?
A: Monthly
Q: 3) Do you post depreciation to assets under construction?
A: No
Q: 4) To which account(s) is depreciation posted?
A: List
Q: 5) Do you want to show interest only in reports, or do you want to post interest directly to cost accounting?
A: Yes
Unit-of-Production Depreciation
Questions:
Q: 1) Do you use the unit of production method for certain assets? If so, please specify.
A: Not now
