Fixed Assets - EBS (MOSC)

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As per our requirement we want to amortize revaluation reserve based on the difference between the b

edited Oct 16, 2017 5:01AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered

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

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