Sap Accounting: [sap-acct] Tax Converstion & MACRS mid moth

[sap-acct] Tax Converstion & MACRS mid moth

Posted by Bert (Fixed Asset Accountant)
on Jul 15 at 2:42 PM

I'm trying to set-up a group of assets using macrs std, mid month convention. I am currently on EnterpriseOne 8.97.1..1. I have tried the following:

Method-12
Int. Term-m
Compute Direction-i

Cost basis is $5,745,570.20
LTD Accum is $546,320.23 as of 12/31/10

When I processed Jan 2011 my adjustment was $17,409.08, but per my FAS system it should be $12,276.86.

I have tried every formula combinaton and need to know what I'm doing wrong.

Thanks,

Roberta

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