Inflation Method
Definition
See Inflation Method .
Use
In Turkey, the settings that you make in the Financial Accounting part of the inflation method are used by the Inflation Adjustment of Monetary Items report. The standard system includes an inflation method for use with Turkish company codes, TR01. You can change it or add new ones as required. When you create a company code using the template for Turkey, the system assigns it this inflation method automatically.
The settings are as follows:
FI active
Selected.
Post. key (cr.), Post. key (dr.) (credit and debit posting keys)
The credit posting key is set to 50 , and the debit posting key to 40 . These are the posting keys for general credit and debit entries.
Doc. type (LC), Doc. type (FC) (document types in local and foreign currencies)
Both document types are set to SB (general postings to G/L accounts).
Input tax code, Output tax code
Inflation adjustments are not subject to tax, so both tax codes are set to A0 (0% tax).
Posting method
The posting method is set to 1 .