Rolling Back Depreciation Step by Step Guide | Fixed Assets
By Jag - November 18, 2014
Depreciation rollback restores assets to their state before running depreciation. as an example, you\'ll have outstanding changes or transactions that you just got to method for a amount.
However, you\'ve got already run depreciation for that amount. If the shut amount check box wasn\'t checked once you ran depreciation, depreciation is mechanically rolled back once you method transactions on these assetsFinancial changes and alternative transactions are often created to 1 or a lot of pluss through the asset work table or mass transactions. Oracle Assets can mechanically rollback depreciation on the chosen assets and permit the transactions to be processed usually. The assets that depreciation was rolled back area unit mechanically enclosed within the next depreciation run.
Depreciation is rolled back mechanically by Oracle Assets provided the subsequent conditions area unit met:
- Depreciation has been processed in that period
- The period is not Closed
N:- Rollback Depreciation
Enter the Book name and Period as Mar-10 then Click on OK and Submit
Click on OK button
N:- Menu -> View -> Requests
1 comments
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