Deferred TAXES - (NO VAT, I repeat : no deferred VAT)

Question

Dear colleagues, 
I found on SAP lib and in the notes and on this forum pages of information about deferred TAX, but
why is everybody talking about TAX  and in fact you mean VAT ? 
Itu2019s like a LION and a cat, not every cat is a lion. 
There are VAT, local taxes, income taxes, community taxes, deferred taxes,u2026
In some countries, VAT is deductible / payable only after receipt / payment, so  
deferred VAT has nothing to do with deferred taxes !
Deferred tax is the tax return on the difference between valuation to local legislation and reporting (IFRS) legislation.  This will be always a (temporary) timing difference!
One step further, we talk about deferred tax assets and deferred tax liabilities., depending the difference is an asset or liability.
Where accelerated tax relief is obtained for expenditure relative to the timing of an expense recognized in a company's profit and loss account, a deferred tax charge should be recognized in the profit and loss account for the movement in the company's deferred tax liability, which will increase the company's total tax charge.
Now, I am doing a profound study on the New G/L .
And one of the items is the parallel accounting principle. It becomes very easy to have a depreciation of 38.600,- on the same account in one (leading) ledger and 80.000,- in the other (non leading) ledger :
for ex : an investment                         
fix asset     200000      (3,5% discount = 7000)     
Depreciation 5 years IFRS  and 5 years accelerated Local GAAP
Income Tax  41%                         
                IFRS             Local            Diff         Def Tax
Investm     193000          200000           -7000      -2870
Deprec 1      38600          80000          41400     16974
Deprec 2      38600          48000            9400         3854
Deprec 3      38600          40000            1400           574
Deprec 4      38600          32000           -6600      -2706
Deprec 5      38600                  0             -38600     -15826
                     0                 0                  0            0
Deferred tax is Difference  * (local) income tax
How will this be registered ? (automatically  - after a reconciliation program ?)
Where will it be registered ? (leading u2013 non leading ledger)
Has the leading ledger to be the local GAAP or the reporting (IFRS / US) GAAP ?
Absolutely no one mention one word about deferred tax, not in the book (New GL in SAP ERP FI), not on the SAP help site and neither on this forum ? 
I can not imagine all accountants have to book every def tax manually ? 
I can not imagine SAP has never issued a note about def tax ?
Am I looking in the right place ?
Has no consultant ever had a similar question about def tax ?
Kind Regards,

Answer 1

The example has lost his layout.
I will try again.
It explains more than 1000 words.
...................IFRS..........Local...........Diff..............Def Tax
Investm....193000.......200000.........-7000..............-2870
Deprec 1...38600.........80000........41400..............16974
Deprec 2...38600.........48000..........9400................3854
Deprec 3...38600.........40000..........1400..................574
Deprec 4...38600.........32000.........-6600...............-2706
Deprec 5...38600................0.......-38600..............-15826
........................0................0...............0......................0
(what a simple dot can do)
Edited by: Freddy Houben on Nov 7, 2008 12:41 PM