can asset be retired in same month of creation?
Answers were Sorted based on User's Feedback
Answer / ravi dogga
•You can only retire assets that were added in previous periods and are effective in the current fiscal year.
•You cannot retire an asset that you added in the current period. Therefore it is advisable that you must enter your retirement as a prior period retirement after you run depreciation. [[This is 11i Functionality
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / saiyid maududi
Yes, In R12 release you can retire same period.
Is This Answer Correct ? | 1 Yes | 1 No |
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?
Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com
What is an ERS
What is the difference between Secondar ledger and Reporting Currency Ledger.
Can I find out which invoices are matched to a PO?
what is orchitecture of oracle apps 11i and R12 ?
What is the major differance between Multi-Org setup in 11i and R12 instance
What is the Invoicing System in Oracle R12
Is it possible to retire an asset in the same period it is added?
Why assign balancing segment flex field qualifier in company segment ?
what are the execution methods in oracle apps ?
what is subledger accounting