can asset be retired in same month of creation?
- 3 Answers
- 7818 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ravi dogga
•You can only retire assets that were added in previous periods and are effective in the current fiscal year.
•You cannot retire an asset that you added in the current period. Therefore it is advisable that you must enter your retirement as a prior period retirement after you run depreciation. [[This is 11i Functionality
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / saiyid maududi
Yes, In R12 release you can retire same period.
| Is This Answer Correct ? | 1 Yes | 1 No |
wat is auto accounting
What is Reporting of financial data in a project.
If the COA of the parent and child are difference then how will the consolidation be done?
Is it same primary ledger data and seconday ledger data should be same or differnt?explain
What is Intercompany Invoicing?
what are the measure differene between oracle 11i and R12 ?
explain your project plan with exam pal? i am preparing inter view .............
Tell me something about asset insurance?
What are the different types of Set of Books ?
What are the types of setups in apps inventory module
What is is "Depreciable Basis" which is coming in "Asset Register Report" in Oracle Fixed Assets. How to calclate the Original Cost to get the same value which is coming in the Report. I got the information that Cost - Salvage Value. Its working fine only with One Addition. If we have multiple additions, then I am not getting calculated these Depreciable Basis Amount which is coming in Asset Register Report. Can any one help me out in getting this value calculation Please. Thanks & Regards, Rajkumar Peddi Cell: 9849024872
What is ment by prorate convention?
Oracle Apps Technical 
