Retirement Transaction showing up in Transaction History form but not in View Financial Information

Hi All,

 We are on 11i. I have a question regarding retirement and revaluation. While testing the Mass reclassification functionality few assets could not be reclassified. The error was “You cannot perform this transaction because asset is fully retired”. I am aware that fully retired assets cannot be reclassified, but here is the problem:

·        When we queried the asset in financial information form in the cost history we do not see “retirement” in the Transaction type. The asset was revalued to 0 in August 2012.

·        Is it because the asset has 0 cost that it does not show up in this form when asset is retired?