Interested to Buy Any Domain ? << Click Here >> for more details...
how do u explain depreciation adjustment, deferred
depreciation expense, deferred depreciation reserve
- 1 Answers
- 18929 Views
- KPMG, I also Faced
- E-Mail Answers
Depreciation adjustments arise due to reclasifying the
asset or revaluing the asset as of previous period or
changing the depreciation rates.
This is quantum of depreciation amount had to be expensed
or amortized over a period of time.
For Example if we are reclassifying the asset, it will be
depreciated as per new classifcation, the extra dep which
arise due to change in classification can be expensed in
the current period or written of over a period of tme.
From the above extra depreciation is the DEPRECIATION
ADJUSTMENT.
The extra depreciation amount kept aside for amortization
is called DEPRECIATION RESERVE.
Difference in Depreciation between corporate and Tax is
Stored in Depreciation Reserve.
| Is This Answer Correct ? | 9 Yes | 10 No |
What is the significance of Voucher?
What is the Process of Reconciliation Between AP to GL
How do we integrate the financial Applications(Modules) in the Multi Organization?
What is the difference between data converson and data migration
What is project accounting in oracle.
How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12
what are the documents prepared by functional consultant under aim methodology, which document will be prepared in each phase and which is the important phase in aim.
What is a Hold and Release
Where can I put the command to get the details of the tables, although I know the name of different tables
How will call a Key Flexfield Routine in Oracle Apps Forms and what are the arguments to be passed to that routines ? (He was asking me the Package name and Procedure)
Ran CREATE ACCOUNTING concurrent program to transfer data from AP to GL but the program was completed with status WARNING. can I have few answer for the same.
Difference between quick payment and manual payment?
Oracle Apps Technical 
