assets soft closing and hard closing

[nagesh]

what is the assets soft closing and hard closing
can any one help out, this is urgent

[eswar_chinni]

While running depreciation for a period, if u enable Close period that is called Hard close, if u not enable close period that is called soft close. Soft close dep. we can rollback where as hard close we can not rollback. Soft close dep. can run any times and its not closing the period, where as, hard close will close the period permanently.