Asset Accounting (FI-AA) 

Purpose

The Asset Accounting (FI-AA) component covers the most important laws and business practices specific to Poland. The following documentation describes these aspects of the component. For generic information about FI-AA, see Asset Accounting (FI-AA).

Features

Country-Specific Functions

Country Version Poland calculates depreciation, allowing for special depreciation in an asset’s first year; and it also comes with a changeover method (6) that switches from the declining-balance to the straight-line method of depreciation, but not until the year after the straight-line method first yields more depreciation than the declining-balance method (see Changeover Method).

It also comes with a report that allows you to prepare a copy of your fixed asset ledger, as required by law.