Answer / suresh kumar pratapa

By using leading and non leading ledgers in FI-AA , asset values(APC),depreciation, accumulated depreciation can represents in company code currency as well as additional currency to meet the legal requirments.
Let us assume, company ABC LTD domiciled in INDIA and it is a subsidiary of XYZ ltd,registered in USA.
To meet loacal legal requirments of ABC LTD,should represent asset values in INR and INDIA GAAP as well in USD&IFRS GAAP.(assume Group preparing its finacial statments in US dolloar with IFRS GAAP).A depreciation is required (t.code-OADB)here and need to specify target group in depreciation area, postiung in GL . Before this ledger should be created.

I just created a company,completed all basic details i.e., creation of company, co.code, coa, stv, ppv, tol, a/c groups then opened F-02 to post one posting BUT it's showing an Error as Message No.: FF703 " Company code not assigned to country or country to calculation procedure" and unable to proceed further. The Msg: Company code not assigned to country or country to calculation procedure Message no. FF703 Diagnosis An error occurred when checking the tax code. Either the assignment of company code and country or of country and calculation procedure is not correct. Procedure Check the system settings. To do this, choose Maintain entries (F5). If the program error occurred In a standard SAP program, then create an OSS message In a program you wrote yourself, then correct the program. Please help me out.How to tackle this situation.Thanks

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