Set Up Fixed Assets Revaluations: What Is The Purpose Of The Five Accounts? (Doc ID 2002201.1)

Last updated on MARCH 07, 2017

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.1.9.2.0 and later
Oracle Fusion Assets - Version 11.1.9.2.0 and later
Information in this document applies to any platform.

Goal

You want to revalue your assets but need to know the purpose of the following accounts:

Revaluation Reserve Retired Gain Account
Revaluation Reserve Retired Loss Account
Revaluation Reserve Account
Revaluation Reserve Amortization Account
Revaluation Loss Expense Account
 

Solution

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