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Re: Depreciation posting as per Income tax act in India

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Dear All,

 

We raised the issue with SAP and they replied that it is not possible and out of scope. The following is the reply given by them

 

Dear Customer,

The solution of India IT depreciation is purely reporting based on

Income tax act law 1961 using blocks.

The values cannot be posted to book of accounts using India IT

depreciation as it is out of scope. Sorry for not providing a positive

answer on this.

 

 

 

Thanks and appreciate your replies. But its really strange that SAP is not providing solution for this.


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