Fixed Assets - EBS (MOSC)

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Understanding Conversion of Impairment Assets to Oracle FA R12

edited Jun 7, 2013 1:21AM in Fixed Assets - EBS (MOSC) 1 commentAnswered
Hi,

I am migrating assets from an Legacy systemnt into Oracle Applications.

My plan is upload all the additions via Web ADI and reverse the additions journal in GL.

I know also that when uploading the Impairments a journal debiting Impairment Expense is created.

What are normally the steps to converte Impaired Assets when the Impairment Loss has already been recognised and accounted in the Legacy system?

Is the sequence the following?

- Upload Addition using Web ADI

- Revert Addition Journal in GL

- Create and Post Impairment

- Revert Impairment Journal in GL

Thanks,

cv

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