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Retirement functionality for expensed assets

Summary:

What is Retirement functionality for expensed assets and is it possible to enable auto-retirement functionality for “Expensed” assets in the same month when they set-up?

Content (please ensure you mask any confidential information):

What should be the accounting entry for Retirement of expensed assets and so we have auto retirement functionality

Version (include the version you are using, if applicable):
Oracle Fusion Cloud Applications25B (11.13.25.04.0)

Code Snippet (add any code snippets that support your topic, if applicable):

Implementing capitalization threshold to create expensed assets

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