Fixed Assets - EBS (MOSC)

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Hi, We need to automate Prepare Mass Addition Process using Custom Logic as per document 558059.1.

But do not know how this logic actually work. Have following questions -

1) Do assets split automatically?

2) How can we populate all other details like depreciation expense account, Location, Serial Number if any, Date in Service, Tag Number?

Thanks

Rajesh M.

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