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Product Update 403: Feature to write off and sell assets for financial entries generated enhanced (Slovak legislation)
In line with the legal requirements, the functionality to write-off and sell assets for Slovakia has been enhanced.
Assets groups screen
-
A new section, Write off, has been added at Assets à Assets à Asset groups. -
At the P&L field, you can only select general ledger accounts with the profit & loss subtype under the Write off section.
Write off screen
How does the enhanced Write off functionality work?
Example: Write off
GL |
DR |
CR |
Asset GL |
10,000.00 |
|
Creditor GL |
|
10,000.00 |
GL |
DR |
CR |
Depreciation GL (P&L) |
833.33 |
|
Depreciation GL (B/S) |
|
833.33 |
|
Amount |
Total depreciation to date |
4,999.98 |
Book value |
5,000.02 |
GL |
DR |
CR |
Depreciation GL (B/S) |
10,000.00 |
|
Asset GL |
|
10,000.00 |
Write off (P&L) |
5,000.02 |
|
Depreciation GL (B/S) |
|
5,000.02 |
Report displayed after the write off process has been completed
Sell screen
How does the enhanced Sell functionality work?
Example: Sell
GL |
DR |
CR |
Depreciation GL (B/S) |
10,000.00 |
|
Asset GL |
|
10,000.00 |
Write off (P&L) |
5,000.02 |
|
Depreciation GL (B/S) |
|
5,000.02 |
Note: The entries generated above are based on the samples illustrated at the Example: Write off section.
Main Category: |
Support Product Know How |
Document Type: |
Release notes detail |
Category: |
Release Notes |
Security level: |
All - 0 |
Sub category: |
Details |
Document ID: |
22.783.367 |
Assortment: |
Exact Globe
|
Date: |
10-05-2017 |
Release: |
403 |
Attachment: |
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Disclaimer |
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