Fixed Assets - EBS (MOSC)

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Peoplesoft Asset Impairments

in Fixed Assets - EBS (MOSC) 3 comments

Hello,

we are trying to setup impairments and do some testing on how depreciation should look. Our scenario is we have an asset and we need to impair it and we need the impairment to happen a few months back in the past. Is there any documentation on how the cost accounting/depr should look after we impair it? I believe it is a bit confusing for us and any guidance on impairment process in general would be helpful.

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