Representing Transferred Reserves (Deferred Gain)

Representing Transferred Reserves (Deferred Gain)

Use

You can represent the transfer of reserves to assets in three different ways in Asset Accounting:

in area 01 as a reduction on the assets side of the balance sheet
in area 03 as special reserves (not separate from other special reserves based on tax legislation)
in a derived depreciation area you set up, displayed separately

These different methods are explained further in Transferred Reserves.