Fixed Assets - EBS (MOSC)

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Asset is capitalized and transferred to new location in Corp Books, not reflected in additions in Ta

edited Oct 8, 2009 1:41PM in Fixed Assets - EBS (MOSC) 3 commentsAnswered
Hi I am not sure if this is standard procedure for Oracle.  When we added an asset as a CIP in Corp, it showed up in the additions in both Corp and Tax for the month.  A few months later, we capitalized it in the Corp books and transferred it to a new location.  Then ran the standard close and depreciation and periodic mass copy to the Tax book.  The asset showed up in the Corp additions report under the Capitalized segment, but when we ran the tax additions, it showed up with a zero balance.  Both Reserve Ledger reports

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