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Fixed Assets - EBS (MOSC)

Extension of useful life

Jun 21, 2023 10:20AM in Fixed Assets - EBS (MOSC) 3 comments

Hi All,

We have a query on the below requirements,

we need to upload FA revaluated amounts with new useful lives to Oracle.

Revaluation was carried out as at 31st March 2023.

Revaluation gain should be reported on 31st March 2023 whereas new depreciation should start from 1st April 2023

Please guide how to perform this in EBS.

Thanks,

SM

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