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A business case - client parks assets e.g. laptops into their inventory and has to depreciate.

edited Jun 4, 2024 10:59PM in Assets 3 comments

Hi Dears,

We have a business case where a client receives assets like laptops into their inventory. These assets are not yet in use, but the client needs to run depreciation on them while they remain in inventory, according to their standards. This means the assets must be fully depreciated over their useful life, even if they are still in inventory.
In Oracle, as you know, to run depreciation for an asset, it must be transferred to fixed assets. However, in this case, the assets are not yet in use and remain in inventory.

How can we address this gap using the Oracle Fusion Assets module?

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