Fixed Assets - EBS (MOSC)

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R12.2.5 Assets gain/loss accounting

edited Jun 12, 2018 5:00AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

As per my understanding the gain/loss is only calculated on Asset Retirement.

If the Asset is never depreciated, I assume the Asset will never retire and hence never have any gain/loss. Can you please confirm

Also - for gain/loss accounting - the only place we can control the gain/loss accounting is on the Book Control form. right?

What if we want to override some of the accounting segments to align with assets - to make it dynamic at  asset level does that mean we will have to use SLA ?

Thks

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