As per our requirement we want to amortize revaluation reserve based on the difference between the b
Oracle R12 12.2.5
Module : Oracle Assets
As per our requirement we want to amortize revaluation reserve based on the difference between the balance in the revaluation reserve and a certain salvage value for the revaluation reserve which will eventually be amortized on disposal of asset.
Example:
Life of Asset 12 months
Revaluation Reserve 12000
Salvage Value of "Revaluation Reserve" 1000
Amortization Month 1
(12000-1000)/12 =916.67
The Salvage value of "Revaluation Reserve" 1000 has to be realized on its Disposal.
Kindly share any possible way to enter this SALVAGE VALUE OF REVALUATION RESERVE