Clarification Required on Asset Transfer Between Business Units and Depreciation Reset
Dear Support Team
I would like to escalate the following scenario for your clarification and assistance:
We have a requirement to transfer an asset from one Business Unit (BU) to another within Oracle Fusion Fixed Assets. As per our understanding, Oracle does not allow a direct transfer between BUs. Instead, it requires the asset to be retired from the source BU and re-added to the target BU.
Our key concern is to ensure that the Net Book Value (NBV) and Cost of the asset remain consistent, and to understand whether we can set a new depreciation start date during the re-addition process.