what is soft close and hot close periods in assets?
Answer / swathi
When u run the depreciation with out closing the Period it
is called soft close. U can rollback your depreciation if
required.
When u run the depreciation by clsoing the period it is
called hot close. U cannot rollback the depreciation, once
this is done.
| Is This Answer Correct ? | 9 Yes | 0 No |
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