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

FBDI Column Mapping for Loading Revalued Assets (NBV Method) During Legacy Migration

in Assets

Summary:

We are currently migrating fixed assets from a legacy system to Oracle Cloud Fixed Assets. Some of these assets have been revalued in the legacy system using the Net Book Value (NBV) revaluation method. We need to load these assets correctly via the Fixed Asset Mass Additions Import FBDI (FixedAssetMassAdditionsImportTemplate.xlsm).

Content (please ensure you mask any confidential information):

Query:
We require Oracle's guidance on the correct values to populate in the following FA_MASS_ADDITIONS FBDI columns specifically for assets that have been revalued under the NBV method in the legacy system:

  1. COST — Should this hold the original/historical cost or the revalued cost (fair value) at the time of migration?
Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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