What Accounting entries made for Retired Cost with Net Book Value = 0
Hi all,
I hope somebody can answer my question!
We have a a set of random assets, 30000 or so with a Net Book Value of 0. We want to retire those asssets programmatically.
We have written a program to retire those assets using the fa_retirement_pub API.
When retiring these assets we have to fill in the Retire Cost and then Run the Calculate Gains and Losses concurrent.
My question is what kind of accounting entries will be made for Assets that have no value anymore?
I hope someone can point to the answer.
We are on EBS 11.5.10.2.
Kind regards,
I hope somebody can answer my question!
We have a a set of random assets, 30000 or so with a Net Book Value of 0. We want to retire those asssets programmatically.
We have written a program to retire those assets using the fa_retirement_pub API.
When retiring these assets we have to fill in the Retire Cost and then Run the Calculate Gains and Losses concurrent.
My question is what kind of accounting entries will be made for Assets that have no value anymore?
I hope someone can point to the answer.
We are on EBS 11.5.10.2.
Kind regards,
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