Fixed Assets - EBS (MOSC)

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Handling Oracle EBS Asset in amalgamation

edited Jun 8, 2021 3:38AM in Fixed Assets - EBS (MOSC) Question

Dear Team,

We have a scenario wherein as part of the amalgamation of 2 business entities of an acquisition deal, we have asset that will be step up/down based on Fair Market Value(FV).

I would like to check on the best practice on how we handle this in Oracle EBS (R12.2.4) as this is a common business scenario and many customers should handle this in a differnt way.

We were trying to achieve it via Parent and child assets , but the system does not allow to create child asset due to the error "Life to date Depreciation cannot be greater than the recoverable cost"

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