What happens when we save an Acquisition Analysis?
The Acquisition Analysis is created to calculate or include any excess values, deferred tax liabilities, and Goodwill arising from the acquisition of a company.
What is the difference between Acquisition Elimination and OB Adjustment basis?
In the Acquisition Elimination, we eliminate the values that the customer has entered in the Acquisition Analysis, either via an Opening Balance basis if it is in the 1st period of the financial year or through an elimination voucher if it is in the middle of the financial year.
What is the difference between Yearly Depreciation Plan and Monthly Depreciation Plan?
For the depreciation of Goodwill, you can choose between revaluation or straight-line depreciation. In the case of straight-line depreciation, you can choose to depreciate monthly or yearly. The default setting is to depreciate Goodwill over five years. You can adjust this to depreciate over a shorter or longer number of months/years.
What does it mean if you have a minority interest in the Acquisition Analysis?
In the acquisition, you enter the purchase price (including acquired capital and any excess or shortfall) you paid for your share. Then, we import the company as if you owned it 100%. For the minority interest, if you bought 50% of the company for 10 MSEK, we take 10 MSEK/50% for the minority's share = 20 MSEK.
Connection with Opening Balance Adjustment
To add previously depreciated Goodwill entries, click the "Adjust Opening Balance" button in the Goodwill tab. You will get a proposal for the accumulated GW depreciation and can choose the account to which the GW depreciation will be allocated-for example, 1079 against 2091.
Depreciation of Excess Value
In the "Excess Value" tab, you enter if there is any excess value along with the deferred tax liability. Using the correct tax rate in the first tab is essential, as it was at the time of the acquisition.
Can you change the date of the Acquisition Analysis?
Yes, you can change the date of the Acquisition Analysis in the "Summary" tab. However, you must go through the other tabs related to excess value and Goodwill to ensure they are correctly allocated to the periods. Once this is done, you save a new Acquisition Elimination. Boardeaser will then remove the old Acquisition Elimination and apply the new values.
Can you postpone the depreciation by X months?
It is not possible to postpone the depreciation plan by one month.
Can you depreciate X months earlier?
Currently, it is not possible to advance the depreciation plan. However, you can depreciate a more significant amount in the first month and then change the depreciation plan to a different amount starting in the second month.
Can you change the depreciation plan in the middle of the plan?
When you change the depreciation plan, you go to the Goodwill tab and adjust it to the new number of periods you want to depreciate it over.
Can you change the depreciation type from straight-line to revaluation?
We do not support changing the current system's depreciation type from straight-line to revaluation. This is a feature that will be supported in the future.
What happens when we acquire a company within the same year, accumulated result?
When you acquire a company in the middle of the financial year, there is an accumulated result in the acquired company's income statement. When Boardeaser imports the company's financial data into the consolidation, it should be the same on the Income Statement. We treat this accumulated result as a bookkeeping adjustment on account 20xx, which needs to be reversed against the Income Statement (RR) when the company books its annual result in its legal bookkeeping.
Can the tax rate be changed in the Acquisition Analysis?
Yes, but you must update all the excess values in the Acquisition Analysis.
What is the connection between the Acquisition Analysis and Ownership Distribution?
The Acquisition Analysis and Ownership Distribution must be set to the same date; otherwise, you cannot save. Otherwise, they do not have a direct connection between them.
Don't hesitate to reach out to the support if you need assistance!