Interested to Buy Any Domain ? << Click Here >> for more details...
how do u explain depreciation adjustment, deferred
depreciation expense, deferred depreciation reserve
- 1 Answers
- 19070 Views
- KPMG, I also Faced
- E-Mail Answers
Depreciation adjustments arise due to reclasifying the
asset or revaluing the asset as of previous period or
changing the depreciation rates.
This is quantum of depreciation amount had to be expensed
or amortized over a period of time.
For Example if we are reclassifying the asset, it will be
depreciated as per new classifcation, the extra dep which
arise due to change in classification can be expensed in
the current period or written of over a period of tme.
From the above extra depreciation is the DEPRECIATION
ADJUSTMENT.
The extra depreciation amount kept aside for amortization
is called DEPRECIATION RESERVE.
Difference in Depreciation between corporate and Tax is
Stored in Depreciation Reserve.
| Is This Answer Correct ? | 9 Yes | 10 No |
What is Cross Journal?
I have some scenario if I have 10000 transaction for the reconcile of payment, so what is best idea reconciliation for the payment manual or auto? If say auto way?
Five main difference between Tally & ERP?
36 Answers Ashveera, Cogzidel, India Earthmoving Spares Corporation, KPMG, Marcer, National Techno, Vindian, Wipro,
Hoe to refund prepayment amount
how to set the interset for the supplier?
what are the jvs effcted in ptp cycle?
What is catch up depreciation
Charge Back Setups ?
How do we depreciate Assets in Oracle Applications?
Can it be set that the GL date is the Sale Order date or Ship to Date?
1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?
Can you cancel the invoice? If yes, explain?
Oracle Apps Technical 
