Fixed Assets - EBS (MOSC)

MOSC Banner

IFRS Tax Book

edited Oct 13, 2009 4:32AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered
 We are preparing for IFRS and created a tax book to copy all the assets and keep for reporting under CGAAP. I am doing the testing with Parent-Child concept. I created a child asset in my existing corporate book and transferred some cost from the parent asset to the child asset.

My setting in the Tax Book Control's  Tax Rule tab is that Copy Adjustments check box is checked.

Once I run the Periodic copy, the system copies the new reduced amount in the parent asset to the tax book. This will defeat the purpose that I want to keep my tax book intact and break down asset only in corporate book.

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center