Fixed Assets - EBS (MOSC)

MOSC Banner

Asset Addition

edited May 30, 2017 10:19AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered ✓

Good day all,

I am having an issue with regards to addition of Asset. An asset was bought in 2013 but failed to be added as at that time. The client intends adding the asset this year for depreciation to starting counting on the asset from January 2017. My suggestion is that :

a. Should the asset be added at the cost as at 2017

b. Should it be added at the Carrying amount (NBV) as at 2017, since they will assume the estimated depreciation on the asset. Please kindly advised accordingly.

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

EBS Fixed Assets Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center