Interested to Buy Any Domain ? << Click Here >> for more details...
why should we create prorate calender and what is the
difference between depreciation calender and prorate
calender in fixed assets module?
- 4 Answers
- 26863 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / kranthioracle
fiscal year - according to dictionary definition any
accounting peroid consisting of 12 months is fiscal year.
where as in assets while defining fiscal year we are just
mentioning the start and end period.
depreciation calender - determines the number of accounting
periods in the fiscal year ex- jan, feb, mar.
prorate calender - This determines over how many periods
to spread the annual depreciation amount (or) else in
simple terms it specifies when an asset should be
depreciated.
Ex: purchased an assest on jan
and specified prorate date as mar, in this case the
system will run depreciation in the month on mar.
| Is This Answer Correct ? | 18 Yes | 1 No |
Post New Answer View All Answers
What is the use of hr: user type, while configure multiorg?
How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.
what is VAT claim process?
Difference between header level tax calculation and line level tax calculation
what is the steps to customization ?
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.
Explain about Localization (IND & US ) in Oracle Apps ?
difference between 11i&r12
what is the difference between bonus reserve and bonus expense
Can Adjustments be imported?
I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia
how to do customization while doing oracle implementation. what is the role of functional consultant in customization?
What is the Process of Reconciliation Between AP to GL
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
