Fixed Assets - EBS (MOSC)

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Client wants to start using FA again

edited Apr 15, 2010 6:01PM in Fixed Assets - EBS (MOSC) 4 commentsAnswered
I have 1600 assets in a Corporate Book which was set up a few years ago. The assets are still in service, but depreciation has not been run since Oct-05. Over the last 4 1/2 years, depreciation has been calculated offline and recorded via manual journal entries. Now the client would like to began using Oracle Assets again. What is the best approach? Should I keep the existing Corporate Book and run depreciation from Nov-05 to present? I would have to reverse the resultant journal entries because the depreciation was manually recorded. Or, should I deactivate the existing Corporate Book,

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