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Fixed Asset NBV Gain / Loss Accounts

Discussion in 'General' started by Anas, Jan 1, 2015.

  1. Anas

    Anas Guest

    Dear,

    I am working on linking fixed asset accounts in FA oracle module to chart of accounts, so i would like to know the nature of Net Book Value Retired Gain/Loss account and where the effect will be in the journal and the account type in chart of account to creat it.

    Thanks In Advance....
     
  2. Iwanhe

    Iwanhe Active Member

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  3. Iwanhe

    Iwanhe Active Member

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    Hi Anas,

    Also you can try when you input the amount in proceed of sale in Retirements workbench and then you do run depreciation and create accounting, with the detail report.

    You can see the impact there.

    Regards,
    Iwan