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Reverse an asset sent from Projects that were incorrectly posted in the Asset module

Accepted answer


Hi FA Experts,

Our client incorrectly posted transactions in the Asset Module from the Project Module. While we can reverse by setting the cost to 0 and then retiring the 0 cost, I wonder if this can also apply to assets sent from Projects. Will it also reverse the capitalization of the asset in Oracle Projects? or is there a way that these can be reversed in the Projects and send the reversal to Oracle Assets as an adjustment? will it work even though the assets were already posted?

Your help is greatly appreciated.

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