Asset Accounting for Mexico Company

Hi
I am currently working on a Roll-out for company in India which has acquired a subsidiary in Mexico. I am supposed to implement Asset Accounting for this subsidiary in Mexico. I am not fully conversant with the Mexican Laws for Accounting. Also, I have been told to create Depreciation Area as per Income Tax Law of Mexico Country.
Can anyone provide me with the relevant configuration steps/documentation for Mexican Roll-out for implementing Tax Depreciation in Mexico ? Requirement is very critical and your documentation and advices will be of great help to me for implementing asset module in Mexico.

Hi,
In our system we have Mexico but I don't know if it set up with the tax rules. One other thing you have to do is to set up a depreciation area for inflation. The part for setting up inflation and testing is more work then to set up asset accounting.
Paul

Similar Messages

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    Hi,
        Since you have a seperate area ,you can use all the standard reports for your requirements. It is strange that you do not post the area to G/L , but that is probably your clients requirement.
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    Kind regards

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    Hello,
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  • Delete G/L Accounts for one company code when transaction data exists

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    Edited by: E. Deleu on Mar 3, 2008 3:42 PM

    Helllo,
    I believe the account group information is what you get when loading hierarchies. Please look into the hierarchy extractor 0GL_ACCOUNT_T011_HIER.
    Regards,
    Christoffer

  • Is It Possible to change Chart of Accounts for Existing Company Code

    Hi
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    Sreenivasulu

    Hi,
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    udayakumar.k

  • Electronic Accounting for Mexico using UUID field

    Hi
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    Thanks,
    Sekhar

    Here is the latest note from SAP for the UUID
    2075584 - MX E-invoicing: UUID field for Vendor invoice verification

  • Clarification Regarding Asset Accounting Chart of Depreciation Copy

    Hi,
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    Thanks
    Supriya

    Hello,
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    Regards,
    Ravi

  • Inlfation accounting for asset in colombia

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    Regards,
    Rajesh Khanolkar

    Hi Rajesh,
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