Taxation rule
This parameter defines the taxation rule of the company.
It is used in the asset disposal processing to determine the distribution terms of the +/- values, between short term and long term.
- Income tax:
The +/- values are distributed as short term/long term, according to the nature of the asset and its holding duration in the company.The distribution terms are indicated in the Disposal process description.
- Corporate income tax:
The +/- values are always considered to be short term, irrespective of the asset nature and holding duration.
Level of localization/Global variable
This parameter is defined at the level Company. It belongs to Chapter AAS (Fixed assets) and the Group FAS (Fixed assets), The following parameters are also associated with this chapter and group :
- AASAUTNUM (Asset numbering)
- CPLDURMIN (Add. asset minimum duration)
- CPLDURPRC (Add. asset % depre dur)
- CREDIRFAS (Assets: direct creation)
- CREDIRLOF (Expense: direct creation)
- DEFUOM (Default unit)
- DEROENCOUR (Book vs tax on FA in process)
- GCMPMAX (Max no. of component assets)
- IMLNSPNBV (Impair if Market value > NV)
- IMLRVEISS (Disposal: impairment loss reversal)
- LOFAUTNUM (Expense numbering)
- LOFIASAMT (IAS amt entry expense cap)
- LVALIM (Low value asset threshold)
- LVAMSG (LVA Single message)
- NBEXESTO (Number of FYs to be stored)
- NBEXNOHIS (No. closed FY to be saved)
- POOLIM (Asset pooling threshold)
- PPLAUTNUM (Production plan numbering)
- PRVSITUPD (Previous situation mod)
- SALINV (Sales invoice to generate)
- STKISSACC (Accounting code line index)
- WIPDEP (Free plan WIP depreciation)
No global variable is associated with it.