Fixed Assets - EBS (MOSC)

MOSC Banner

FA - Retirements debit and credit same account

edited Mar 22, 2016 3:27PM in Fixed Assets - EBS (MOSC) 5 commentsAnswered ✓

We entered a number of retirements this month and ran create accounting in draft mode and noticed that these are all going in and out of the same account to have an zero net affect.

There are some assets that have a zero value and there are others that do have a net book value that should be written off to the gain/loss account. I'm not seeing this account show up on the journal entry at all.

This is the first time I retired any assets that had a net book value.

Any help would be appreciated.

Thanks!

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

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center