What is the transaction type to reduce the acquisition value
Hello all:
I use Transaction type 100 to acquire the asset for example 100 eur.
what is transaction type to do reduction for 20 eur for example for some interest expense.
BR,
Manthana
Hi
You want to reduce the Asset value then use the Transaction Type 105 or 160 based on the Year of Acquisition.
You can simply pass a manual entry Crediting this Asset and Debiting an AUC or Expense G/L Account.
1. 70 AUC Asset TTYPE(100) 20Eur
75 Asset (105/160) 20EUR
2. 40 ExpenseG/LA/C 20EUR
75 Asset (105/160) 20EUR
Regards
Venkat
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