Closing Asset Period for multiple books in once instead of closing the period one by one
Summary:
We have one asset corporate book (to meet company/group level fixed asset register) and multiple tax books (to meet country wise tax reporting requirements - approx. 80 tax books).
As per our understanding, asset mass copy does now allow (or restrict) to copy the data from one corporate book to multiple Tax Book based on country specific criteria. Having said that we may end up in defining 80 corporate books so that we can copy corporate book asset details to the corresponding tax books.
We also understand that oracle does not offer any standard functionality by which we can close the period of asset (corporate and Tax) books in bulk (in other words - system does not allows us to close the period of all the corporate books and all the tax books in a single click at once) and we need to close the period one by one for each book manually.