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How to Reverse Project that was inadvertently Transferred to Fixed Assets but Never Posted in Asset?

in Project Management

Summary:

Hi All -

We have a project in Oracle Fusion Cloud Projects where asset lines were inadvertently transferred to Fixed Assets but were never posted through Mass Additions. Our goal is to reverse or reset the transferred asset lines so the costs are once again reflected in the Projects balance report, without impacting the GL.

We noticed Oracle provides a Project Asset Lines REST API that allows the TransferStatusCode to be updated to P (Pending). Has anyone successfully used this API to reverse transferred asset lines that were never posted in Fixed Assets?

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