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J_1I_UPDDEPCALPOST - Income Tax Depreciation Calculation Report

J_1I_UPDDEPCALPOST - Income Tax Depreciation Calculation Report

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Purpose

This report helps you in calculating and displaying the Income Tax depreciation and capital gain and capital loss. The report also updates the closing Written Down Value (WDV) of an asset block in the India : Opening WDV for the blocks - Transactions (IDIN_FIAA_WDV_FY) table.

Integration

Prerequisites

Features

  • The report calculates the depreciation of an asset block as follows:
  • Reads Opening WDV fromIndia: Opening WDV for the blocks - Transactions, from the IDIN_FIAA_WDV_FY table

  • Reads transactions amounts from the Asset Block Transaction, from the IDIN_ASSETTRNS table

  • Reads adjustment amount from the Adjustment values for the block and opening WDV - India from the IDIN_FIAA_ADJUST table

  • Calculates depreciation using defined formula
  • Computes closing WDV of the asset block based on the depreciation
  • Calculates capital gain and capital loss

Selection

On the selection screen, enter the Company Code, Asset Block, and Period Fiscal Year.

Standard Variants

Output

The system displays the depreciation value an asset block such as additional depreciation and final depreciation, success message if the Asset Block Transaction table (IDIN_ASSETTRNS)was successfully updated, error or warning message if the Asset Block Transaction table (IDIN_ASSETTRNS)was not successfully updated, and errors during execution of this report.

Activities

To access this report, on the SAP Easy Accessscreen, choose Accounting-> Financial Accounting-> Fixed Assets-> Information System-> Reports on Asset Accounting-> Taxes-> Country Specifics-> India-> Income Tax Depreciation Calculation

Example






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