Fixed Assets - EBS (MOSC)

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How to use mass addition WEBADI to deal with asset betterment during system conversion?

edited May 4, 2020 12:34AM in Fixed Assets - EBS (MOSC) 1 comment

One asset in old system:

ASSET COST: 1000, and SALVAGE VALUE: 0; LIFE OF ASSET: 10Year; Purchased in DEC-2013 and Start deprecation from JAN-2014; DEPRECIATION METHOD: Straight line method.

In Jan-2018, the asset had a betterment, which the cost was 500, and was also determined to depreciate in the remaining 6 years.

In Jan-2020, we need use mass addition to upload this asset into new system (Oracle Asset), then how to fill in the field of asset cost, life of years, amortization NBV, amortization start date, depreciation reserve?

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