The head of marketing at Bike Company has an accident with his company car. The resale value of the company car decreases.
Kevin asks Lisette how to record the impairment for depreciation area IFRS.
Kevin now has the exact other case. The resale value of a company car acquired in the previous year has decreased. He asks Lisette if he can post another depreciation in addition to ordinary depreciation.
Lisette tells him that he can post ledger-specific unplanned depreciation by using the Post Depreciation Manually app.
For manual ordinary depreciation, use the ‘MANU’ depreciation key and one of the following transaction types:
600 – Manual ordinary depreciation on prior-year acquisition.
610 – Manual ordinary depreciation on current-year acquisitions
For unplanned depreciation, use one of the following transaction types:
640 – Unplanned depreciation on prior-year acquisitions
650 – Unplanned depreciation on current-year acquisitions
As the company car was acquired in the previous year Kevin uses the transaction type 640.