4 weeks ago - last edited 4 weeks ago
Dear experts,
I have an asset accounting related question for our client, who is implementing S/4HANA cloud public edition in order to replace their legacy ECC. What comes to depreciation areas, they have in ECC the same setup for Finland and Sweden, meaning the following:
- Book deprec. (01)
- Tax deprec. (02)
- Book yearly (03)
- Difference Tax/Book (04)
Now when looking at Sweden in S/4HANA Cloud Public Edition, only the following areas are there:
- IFRS (01)
- Local Tax (15)
- Book Depreciation (32)
For Finland the annual (92) and the difference Book/Tax (93) depreciation areas are there.
My question is, how should the annual and difference values be treated for Sweden, without the depreciation areas like in Finland? What is the reason for the difference setups between these two countries? Any known differences in accounting principles?
Thanks already in advance for your help!
-m-
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