Fixed Assets - EBS (MOSC)

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Oracle Fixed Assets by Legal Entities

edited Aug 25, 2016 5:00AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

In Oracle Fixed Assets we have one corporate book that includes all assets belong to same (one) legal entity. We are acquiring 2 new companies that will be reported as separate legal entities but they are in same US ledger. So the question is in order to create assets that belong to new legal entities should these new assets be created in same Oracle FA corporate book or new separate Corporate book should be created for each legal entity. We dont see how assets that belong to multiple legal entities can be segregated in same corporate book but would like

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