Hello.
US law requires that, for an intercompany transfer of a current year acquisition, recognition of bonus depreciation taken that year be apportioned between the 2 companies proportional to the number of periods the asset belonged to each company. For example, given a transfer date of Day 1 Period 11, the transferring company would book 11/12 of the bonus and the receiving company would book 1/12 of the bonus.
The standard SAP configuration for bonus depreciation takes the full bonus in the period in which the bonus depreciation key is entered in the asset. The result is that the sender company recognizes 100% of the bonus.immediately.
I can think of 2 approaches:
1 - Write-up the asset in the sending company for 1/12 of the bonus and book the 1/12 as unplanned Special depreciation in the receiver.
2 - Create bonus keys with 92% and 8% (or 91.67% and 8.33% if the field takes decimals) and use them in the sending and receiving assets respectively.
Has anyone out there encountered this, and if so how have you dealt with it?
Thanks