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Knowledge TIP | Enable Group Assets Feature

edited Jul 28, 2020 12:57AM in Assets


Knowledge TIP | Enable Group Asset Feature & Group Asset Depreciation Rules


Following two steps are required to enable the Group Assets:

1) Enable the lookup for Group Assets
     Navigation:  Manage Fixed Assets Lookups > search for Lookup Type : ORA_FA_ALLOW_GR%

     For Financials Generic Lookup Type : ORA_FA_ALLOW_GROUP,  click Add (+) > add the Book for Lookup Code and Meaning > Save and Close

2) Enable the Group Asset at the Asset Book level
    Navigation:  Setup and Maintenance > Manage Asset Books > search book > Advanced > select Allow group depreciation and check other desired options for Group Assets


Refer to below link for Group Asset Depreciation Rules

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