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How to handle accounting of Assets shared by legal entity pertaining to different ledgers

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in Assets 4 comments


How do assets shared between ledgers to be handled in Oracle Fusion Assets Module?

Content (required): We have a specific use case where assets being purchased are used commonly by multiple legal entities belonging to different ledgers. In this case, assets are to be booked in different ledgers (different assets books) and any further transactions such as depreciation, adjustments, etc. being carried out on the asset are to be apportioned in a specific ratio between ledgers. How is this to be handled in Fixed Assets Module?

Version (include the version you are using, if applicable): Oracle Cloud - Version 22D

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