How to adjust cost of asset to zerp
We need to transfer an asset from one FA book to another FA book. There is no standard functionality available in oracle. Workaround is Retire the asset in existing book and add the asset in second book.
Below are the steps we found in many places as a workaround solution
1- Get asset data from the source Corp book
2- Adjust the cost of asset in the source Corp Book to Zero
3- Retire the assets from source Corp Book
4- load the asset in the FA_MASS_ADDITIONS table for the destination Corp Book
5- Run the Post Mass Additions Program in the destination Corp Book