Latest Answer : Fixed asset means it gives long term benefits to the organisation by year end we should find the accurate value of the asset for this purpose we must calculate the depreciation. ...
After run depreciation i have forget calculate depreciation of one asset then how to calculate depreciation of that asset
Latest Answer : At the time of additionAssets NA account -------drTo asset clearing account ----CRAt the time of retirementthe nbv amount has been moved to the gain & loss account.In sale case we need to pass a journal entry to transfer the amount from gain & ...
Latest Answer : Asset Accounting component in SAP is meant for managing and supervising fixed assets and their values. ...
Depreciation is the decrease in the value of an asset due to wear & tear, obsolscense, laps of time.
Latest Answer : Depreciation is a Gradual Diminishing or Decrease in the value of fixed assets due wear & tear, Obsolence. ...
I am trying to retire fixed assets that have fully depreciated. Can I retire it by scrapping
Latest Answer : Yes, by scrapping the same Asset. ...
Latest Answer : There are 3 types of Fixed Asset:-1- Capitalized Assets2- CIP Assets3- Group Assets ...
Can we set default system date in fixed asset in Oracle Apps 11i? If yes, then how?
Why do we calculate loans & advance on the asset side of the balance sheet?
Latest Answer : Payments to staff as advance and loan to sister concern or other company on interest is chargeble (TERM LOAN ETC) ...
How can we made calculation of Fixed Assets?
Latest Answer : Could you please elaborate the question..I think your question is regarding depreciation calculation. ...