Fixed Assets - EBS (MOSC)

MOSC Banner

Gain/loss for asset retirements

edited Jul 28, 2015 10:02AM in Fixed Assets - EBS (MOSC) 17 commentsAnswered

Hello,

1. I have retired an asset.

2  Run the gain/loss program

3. Queried the asset and viewed the gain/loss

4. Run Depreciation

5. Create Accounting

The Asset Book setup is as follows-

The Following is the retirement journals in GL

There is a gain of 85000.  Where do I see the journal entries for the gain of 85000? Does the difference of 85000 goes to retained earnings account? Or  can we only see the gain in the asset workbench in FA?

Thanks for the replies

Tagged:

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