Answer / aravind reddy

MASS ADDITION
ASSET CLEARINGF A\C DR
TO SUPPLIER LIABILITY A\C

DETAILED ADDITION
FIXED ASSET A\C DR
TO ASSET CLEARING A\C

DEPRECIATION PROGRAME
DEPRECIATION EXPENCE A\C DR
TO ACCUMILATED DEPRECIATION A\C

WHEN DEPRECIATION HITS THE ASSET
ACCUMILATED DEPRECIATION A\C DR
TO ASSET A\C

CIP ASSET
CIP ASSET A\C DR
TO CIP CLEARING A\C

CAPITALISING CIP ASSET
FIXED ASSET A\C DR
TO CIP COST AC

Answer / latha ummalaneni

Oracle Assets - CURRENT PERIOD ADDITION

Dr. Asset Cost
Dr. Depreciation Expense
Cr. Asset Clearing
Cr. Accumulated Depreciaiton

CIP asset. (CIP assets do not depreciate)


Dr. CIP Cost
Cr. CIP Clearing

Oracle Assets - CAPITALIZED IN PERIOD ADDED

Dr. Asset Cost
Dr. Depreciation Expense
Cr. CIP Clearing
Cr. Accumulated Depreciation

On account credit memo in AR needs to refunded, How ? and what are the steps required?

2 Answers  

---

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.

2 Answers   TCS,

---

What is project accounting in oracle.

1 Answers   Oracle,

---

Can I increase/decrease the size of value set?

4 Answers  

---

What is Journal categories ? and what are reversal methods ?

4 Answers   Zensar,

---

---

what are the setup from scrap in R12.?

1 Answers   Systems Plus,

---

MOAC Setups

3 Answers   Cap Gemini,

---

some tabs in payable option and financial option?

1 Answers   Deloitte,

---

What is Auto Accounting in Receivables?

2 Answers   KPIT,

---

What is meant RD020

0 Answers  

---

Can anybody explain different types of asset depreciation method with an simple example.?

1 Answers  

---

1.what is difference between (New feature) 11i & R12 for Receivable, Fixed asset, GL, Payables.? 2.How was your previous company segment qualifier was defined.? 3. How many segment qualifier? 4. How the intracompany transaction take place.?

1 Answers   L&T, TTN,

---