Fixed Assets - EBS (MOSC)

MOSC Banner

Recalssification Clarification

edited Apr 22, 2015 2:28PM in Fixed Assets - EBS (MOSC) 2 commentsAnswered

Business case:
We know in FA life and method of depreciation is defaulted from Asset category Definition.
Now I have an asset (From Category A with Dep Method STL 20 Yrs. life)date placed in service 01-Dec-2010 has a life for 10 Yrs. depreciated till 2015. Now If we re the assets to category B with STL 10 Yrs life how does system behave

1. What will be the life of asset after reclass?
2. Will depreciation gets recalculated with New category?
3. Are there any specific steps to followed for doing such reclassification?

Tagged:

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

EBS Fixed Assets 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