In this column
| Oracle Assets prints
|
Asset Description / Number
| The description and number of the asset.
|
Tax Initial NBV
| The initial net book value of the asset in the tax book at the start of the
fiscal year.
|
Additions (Tax)
| The value of any additions or cost adjustments made to the asset in the tax
book since the start of the fiscal year to the period in the period name.
|
Tax Retired NBV
| The net book value of any retirements (partial or full) made to the asset in
the tax book since the start of the fiscal year to the period in the period name.
|
Depreciation (Corporate)
| The amount of YTD depreciation in the corporate book for the asset since the
start of the fiscal year to the period in the period name.
|
Depreciation (Deferred)
| The amount of YTD deferred depreciation for the asset since the start of the
fiscal year to the period in the period name. Deferred depreciation is
calculated as the difference between the YTD tax book depreciation and the YTD corporate
book depreciation.
|
Tax Closing NBV
| The value of the tax book NBV at the end of the period entered. It is
calculated as follows: Tax Initial NBV + Tax Additions - Tax Retired NBV - Corporate
YTD Depreciation - Deferred Depreciation.
|
Sales Proceeds
| The value of any sales proceeds as a result of a partial or full retirement
made on the asset in the tax book between the start of the fiscal year and the
period in the period name.
|
