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after take over date no depreciation

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hi,

would like to seek advice.

we have a new company code setting up in the mid of our fiscal year and go live on July 1st. asset take over date we put June 30th.

through out these few months until end of the year, no asset capitalise and because it is a new company code, no asset transfer from legacy system.

may i know

1 should i also need to carry out AJAB when come year end? i do not run AFAB as no asset at all.

2 may i know when come next year, when there is asset capitalisation, any problem when do AFAB?

 

thanks

 



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