Impairment of Assets according to IAS36 & ECC6 EHP5

[Former Member]

Hi There,

Does anyone know if EHP 5 caters for the requirements of IAS36 with respect to writing back impairments only to the value originally written off and managing that write-back so that it does not exceed the value of the asset had it depreciated as per originally planned? What aspect of IAS36 does EHP 5 address?

Many Thanks

Erica

[Former Member]

Hi Aditya,

Thankyou so much for your link. I am happy that we can process impairments this way - Dr impairment loss, Cr accumulated impairment, but what I am most concerned about is the case where an impairment is reversed - according to IAS36, we then need to limit the reversal to the original write-off. There are further complications when the impaired asset was previously a revalued asset - where the entries  now need to be posted to revaluation reserve and then (perhaps) impairment if the write off amount exceeds the revaluation reserve.

I would really appreciate any input you have!

Many Thanks

Erica

[Former Member]

Hi Erica,

please check bellow link, this will help you.

http://scn.sap.com/docs/DOC-50011

Thanks,

Aditya

[abdulkadir_10]

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