Differing asset tax book and accounting book when the currency is foreign

Hi Asset Gurus,
My company has this requirement that when the asset is acquired in foreign currency there will be acquisition posting on Accounting Book (area 01) but zero on the Tax Book (area 15). They said this is in conformance with the reporting standard. Can anyone give me an idea how can this be done in the asset accounting? Do I need to setup new depreciation area just for this requirement?
Thanks,
Aloy

Thanks AP for your reply. Please bear with me a little bit as I still don't see the complete picture. Currently this is what's happening:
When the acquisition is made in foreign currency, both depreciation area 01 (accounting book) and area 15 (tax book) gets updated with local currency value (APC). Now the requirement is to make tax book area not posted to everytime this situation happens. We don't really need to have the foreign currency amount reflected in the asset.
Given the requirement description above, do you still think parallel currency in FI and additional depreciation area would be the solution? If yes, could you kindly expound further on that solutions please?
Thanks a lot for your help.

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Gl wise Daywise Cash book and bank book report

Hi all,
Please tell me the tables and fields to create new reports - Gl wise daywise Cash book and bank book reports .
or tell me any BAPI is there.
send me any source u have.
Thanks in advance
regards,
Chandu
Edited by: GoldMoon on Aug 28, 2009 4:56 PM
Edited by: GoldMoon on Aug 28, 2009 5:07 PM

Hi Chandu,
In FAGLFLEXT, every period has a field. The period is the suffix for the field.You will have field for transaction currency as well as local currency in the table period wise.
All FI entries are posted to BKPF (header data) and BSEG (Line item data). From BSEG, dependingon the account type (KOART), the line items are copied to secondary tables like BSIS (open items) and BSAS (cleared items). you need not pass any additional data like xopvw. Entire BSIS contains open items and BSAS contains cleared items.
What you need to do is pass the GL accounts (Bank GL accounts) to BSAS and BSIS tables along with the posting date (BUDAT) for which the report is to be run. From the input date, determine the period (use function module). To get the opening balance you will fetch value from FAGLFLEXT for the previous periods and then for the current period till the previos day from BSIS and BSAS.
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SELECT
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Cash Book and Bank Book

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Please revert with the reasoning of maintaining a seperate cash book and bank book by any corporate in SAP. We have been debating on this for quite long time, but are unable to get any satisfactory reply.
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Best regards
Anish Goyal

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SAP has provided the standard program for Cash Journal (FBCJ) there is no other method of posting it.
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Regards,
Shayam

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Differing asset tax book and accounting book when the currency is foreign

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