You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Copying Retirement to Tax Book at Category level

Received Response
edited Aug 27, 2020 12:33PM in Assets 2 comments


Copying Retirement to Tax Book at Category level, not just at Asset Book Level



Our Client has a requirement of copying selective Assets' Retirements to the Tax Book. They have certain compliance where they retire Assets belonging to a few categories in the Corporate Book, for which the same should not be copied to the Tax book. The corresponding tax book asset should be depreciated until Fully Reserved (fully depreciated) in the Tax Book.

Currently, we cannot govern Copying Retirement at category level, but only at the Asset Book level. In an SR raised, Oracle confirmed to us that "It is not possible to set to copy the retirements only at category level, as category can be set for multiple corporate books."

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!