Asset Lifecycle Management - PSFT (MOSC)

MOSC Banner

Recategorization Issue

edited Jun 30, 2017 5:00AM in Asset Lifecycle Management - PSFT (MOSC) 1 commentAnswered

1. Asset cost is $1000. The depreciation is 600. The asset is recategorized from category A to B with INSERVICE DT and accounting dt as current period The cost accounts are A = 10000, B = 100001. Accumulated Depreciation accounts A = 170000 and B = 1700001. 2. This should have resulted in 2 entries. Cost entries - A/c 1000000= -10000 and 100001 = 1000. 3. But, in this scenario the cost entries were created and the Accumulated entries also get created. i.e - Cost of 1000 moved from 100000 to 1000001 and the Dep A/c - 170000 =  -600 and 1700001 = 600 .

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