Implementing Oracle Inflation Accounting for fixed assets
Dear Freinds
One of my client wants to implement the inflation accounting for Oracle assets.They are on R12.1.3. and still not live with Oracle assets.My understanding is before we can implemet the inflation accounting first of all we need to get the client live with Basic Oracle assets functionality based on historical cost system and then we can enable the inflation accounting with additional set-up.
Can somebody please confirm the same ?Am I right in my approach or can we go directly with inflation accounting for Oracle Assets ?
Thanks in Advance !
Pawan