Disposals
Discussion List
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Reverse Asset and Accumulated DepreciationSummary: Content (please ensure you mask any confidential information): Asset purchased in June 2025, the entire amount including taxes has been refunded due the asset b… -
Need remaining life or custom formula for current date - in-service date for FA retirement approvalSummary: The current asset approval template does not have the remaining life attribute which we need for expensed assets since the fully reserved attribute does not app…
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How to reinstate the zero amount balance assets but not yet retiredHi, It is possible to reinstate the asset number with zero amount balance, if the adjustments process used to zero out the net book value was depreciation override. They…
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Uploading Asset with Partial Disposal and Adjustments using FBDIHi All, We have an asset purchased in 2022 for 6,717.34 with depreciation method Declining Balance 20%. In 2022 we had a partial disposal of 1,004.00, and in later years…Mukesh Sirigiri 11 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Why asset adjustment transaction date defaults to the last day of the current periodSummary: We are migrating from peoplesoft to oracle and are loading around 90k assets in CORP book and then coping it over to tax book. Once the assets are copied to tax…Shrikant Jain 1 view 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Copy assets from one book to another bookSummary: Hi, We have a requirement to copy assets from one corp book to another. The books are associated with a different ledger. Is the below approach right ? Extract …
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Unable to do Unit and Cost retirement at once via Mass Retirement featureSummary: Content (please ensure you mask any confidential information): We tried to perform asset retirement via Mass Retirement functionality. However, following are ou…
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Cannibalising of AssetSummary: There is a fixed asset which is retired and now we want to cannibalize the asset and extract some parts from it. We want to capitalise some parts and keep some …
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Annual special depreciation in Oracle assetWhat is annual special depreciation in Oracle asset? and how can we calculate these values. -
In the Asset Book setup, can multiple accounts be assigned for asset retirement?This is to accommodate the different reasons for asset retirement or disposal, where each reason may require posting to a specific corresponding account.Anne Nicole 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Can someone please explain the YTD depreciation on this asset as calculated by Oracle.Summary: The asset details are as below :- Pro rate calendar: May- April Fiscal year: May-April In service Date :- 1/1/2023 , Entered Period: Jul-25 Asset cost: 40,000 C…
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FBDI ReinstatementNeed to do reinstatement through FBDI . Getting error message - You must enter a valid value for the RETIREMENT_ID field. Please advise how to rectify the issue
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Can I change the asset category and dispose an asset that was impaired all in the same fiscal year?Summary: As valuers assess for impairment at year end, no other events could be processed against the same asset in the same financial year as an impairment. This means …Roxana Trisca Rusu-Oracle 21 views 5 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Sale of a legal entity sharing an asset book with other legal entitiesSummary: We are using an asset book which is connected to a ledger with multiple legal entities. Some of the legal entities have assets in the asset book. One of the leg…
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How should sale of assets from one entity to the other be handledSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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Diffrent number of units in the corporate book and tax bookSummary: Hi, Based on the documentation I can find regarding the copy process between the corporate and associated tax books the full cost retirements should be copied. …Tim Jespersson-Oracle 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Zero NBV for Decling balance methodWe have the following configuration, one corporate book and two tax books. Tax book 1 which represents the Finnish local tax book and Tax book 2 represent the official a…