Hi Experts,
I have the below query
Scenario - Asset bought for $100000 on 01/01/2014, depreciation executed on 9/30/2014 $3750
Company wants to impair full $100000 on 10/31/2014. There should not be any NBV value left
ABAW was executed on 10/31/2014
AFAB was executed on 10/31/2014, we see $100000 was reversed, however accumulated depreciation was reversed upto 3365.38 instead of $3750
Transaction key ( Z81 - Impairment Loss current year) used
Asset value date - 01/01/2014
Any thoughts , why the accumulated depreciation is not getting fully reversed.
Thanks
SB