Fixed Assets - EBS (MOSC)

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How to setup a rule to retire all assets that are 'almost' fully depreciated

edited Apr 24, 2015 12:31PM in Fixed Assets - EBS (MOSC) 2 commentsAnswered

Hi,

We are using Oracle Fixed Assets R12 and we have this situation:

The customer wants to retire all assets that are 'almost' fully depreciated (for i.e the assets that are depreciated 95% of the net book value).

Cost : 60,000.00

Accumulated Depreciation : 50,400.00

Net Book Value : 9,600.00

We are looking for a rule, a program or a setup step to specify a depreciation ceiling that can fully retire those kind of assets.

Is this possible?

Regards,

L

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