Fixed Assets - EBS (MOSC)

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What is the difference between the Prorate convention and Retirement convention

edited Aug 19, 2017 5:02AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

Hi Team,

Could you please explain the  difference between the Prorate convention and Retirement convention.

1.How to define the retirement convention 

2.Usage of Retirement convention

3. Is there any specific rules in order to use the Retirement convention during the time of Retiring the Asset

Thanks & Regards

Koteswara Rao

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