The Non-deductible Expense Definitions consist of two tabs as Cost/Leasing Limits and Asset Acquisition Limits:
Cost/Leasing Limits
The Non-deductible Expense rate or amount for transport vehicle cost is defined through System Settings> Definitions> Trading System> Non-deductible Expense Definitions. The Start Date, Amount and Rate Info is specified in this field.
In order to restrict the cost of passenger cars, the non-deductible expenses are tracked in the G/L account if 70% of the line amount (such as fuel expenses and maintenance costs) made by companies for passenger cars is 30% in the expense account.
5.500 TRY of the monthly rental price line amount for each of the passenger cars rent by the companies is tracked in the expense accounts, and the amount exceeding 5.500 TRY is tracked in the G/L account of non-deductible expenses.
The "Transport Vehicle Cost" field should be marked in the Service card used in the service line of the service purchase invoices and purchase return invoices. The Rate or Amount is selected through the Non-deductible Expense Application Type field.
The non-deductible expenses are defined via the Non-deductible Expense Calculation checkbox in Service G/L Connection Codes> Purchase/Purchase Return, Purchase VAT/Purchase Return VAT and Purchase Ded. VAT/Payment Ded. VAT options.
Asset Acquisition Limits
The upper limit for asset acquisition cost (amount to be depreciated) and tax expense (VAT+SCT Amount) is defined on this tab in the transport vehicles. The "Non-deductible Expense (Tax)" and "Non-deductible Expense (Depreciation)" amounts are calculated by the "Entry Cost" and tax totals by this limit in the "Transport Vehicle" type of asset cards. The limits defined in the "Asset Acquisition Limits" screen are checked while saving the invoices for the purchase of transport vehicles. The posting and depreciation transactions of non-deductible expenses are performed according to the calculated amounts.
The date is selected for the relevant period through the Date field.
The tax excluded limit is entered in the Acquisition Amount field, and the total tax limit is entered in the SCT+VAT Amount field for the first acquisition value of the asset.
No information can be entered in the Acquisition Cost field. The value in the field is calculated by "Acquisition Amount + (SCT+VAT Amount)".