Fixed Assets - EBS (MOSC)

MOSC Banner

Depreciation Booking in Tax Book at Year End

edited May 30, 2014 12:00PM in Fixed Assets - EBS (MOSC) 12 commentsAnswered

Hi,

In R12.1.3 instance, currently we book monthly FA figures in Primary Ledger as per CORPORATE BOOK depreciation percentages.

At year end, it is required to book depreciation in TAX BOOK. Can you please provide inputs on following:

(1) What is the procedure to achieve Depreciation booking in Tax book?

(2) And, in which period this practice is done, is it last period of the Year or the Adjustment period (12+1) the 13th Period which is Adjustment period.

Thanking you,

Regards,

Saurabh Singhal.

(91) 8884111518.

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