Asset Lifecycle Management - PSFT (MOSC)

MOSC Banner

Issue with Peoplesoft Asset Disposal

edited Jan 7, 2014 12:56PM in Asset Lifecycle Management - PSFT (MOSC) 2 commentsAnswered
Hi Guys,

Need your help/Suggestion on the below Asset Disposal Issue.

We have disposed an asset during the period 12(Year 2013). After Disposing the asset we have ran Close depreciation Process instead of Depreciation Calculation and Create Accounting Entries. As a result Depreciation Entries got posted to GL for period 12(2013).

Please advice if it is okay to run Depreciatio Calculation and Create Accounting Entries for this diposed Asset now. or do we need to Reverse the 12 period depr entires before running Depr Calcu and Create Acc Enrty proces.

Please let me know if you need addition info regarding the same.Your qucik response is much appreciated.

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

PSFT ALM Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center