what is Residual value in Fixed assets, how to treat in FA
Hi Gurus,
Could you please explain what is Residual value in oracle fixed assets.
How to use the residual value in FA,
How to setup in Asset categories.
As we know that ,we can enter the depreciation rate 10% after defining the Depreciation Method and the same is assigning to FA categories. Then how to assign the Residual value @5%
Please explain in details
Thanks in Advance.
Thanks & Regards
Koteswara Rao