Fixed Assets - EBS (MOSC)

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CIPFA New code of Practice on the Highways Network Asset

edited Nov 14, 2016 10:50AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered

Hi,

Does anyone know if Oracle plan to create a patch/update for UK Local Authority Oracle Assets users for the introduction of the new code of practice on Highways Network Assets?

the new code changes the way depreciation is dealt with when the asset is revalued. specifically:-

Accumulated depreciation is not written out on revaluation.

thanks

Julie

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