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What is ment by Roll back depreciation?

Answers were Sorted based on User's Feedback



What is ment by Roll back depreciation?..

Answer / swathi

When u run depreciation for a corporate book without
closing the period u rollback depreciation which was run
initially so as to bring back all the accounting
implications to normal position. Rolling back the
depreciation is bringing the depreciation amounts back to
normal position to close the period

Is This Answer Correct ?    10 Yes 0 No

What is ment by Roll back depreciation?..

Answer / manireddy

With out enabling the close period what ever we run depreciation will be system automatically rollback it not effect on the accounting

Is This Answer Correct ?    1 Yes 0 No

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