Fixed Assets - EBS (MOSC)

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Data Migration from Legacy to R12.2.5 for Corp and Tax Book and FA Set ups

in Fixed Assets - EBS (MOSC) 2 commentsAnswered

HI

we are in process of Data Migration of Corp and Tax Book from legacy

Migrated Corp Book Assets will be copied to Tax Book via the Initial Mass copy program.

Business need to change the Life in Years of Tax Book due to IFRS Audit requirements

1.      How to change the Life in Years for the Migrated Assets in Tax Book once migration and Initial Mass copy is run?

2.      During Asset Category Set up for Tax Book do we set the ‘Life in Years” as required by business and will this default to Migrated Assets (Initial Mass copy run )and Newly created assets during regular additions in future?

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