WHAT IS THE MEANING OF MAINTAIN PERIOD CONTROL METHOD ? WITH
EXAMPLES
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Answer Posted / rao
hi every one,,,
here period control means, when ever we purchase any asset (1st of the period, mid of the period and end of the period)
system will consider the capitalization date from period control method for depreciation calculation.
that means, in period control
eg:
if you purchase the asset any time- the capitalization date is 1st of the current period or 1st of the next period or mid of the current or next period or last of the current or next period,,,
and this method is also use to,,,
if want to maintain separate fiscal year to asset account module we can use it.
if you have any queries ask me.
thank you
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