Fixed Assets - EBS (MOSC)

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Revaluation Treatment of Assets Held for Sale

edited Dec 20, 2012 8:22AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered
Hi We are implementing Oracle Fixed Assets, two of our categories relate to Assets held for Sale or Investment Assets.

The required Accoutning treatment of these is to write any revaluation straight to the P&L  with no revaluation reserve change. Has anyone come accross this before and how did they treat it in Fixed Assets?

Any help would be appreciated!

Regards

Louisa

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