My Oracle Support Banner

Rollback Of Depreciation Journal Entries When New Transaction Is Perfomed On Asset After Depreciation And Create Accounting (Doc ID 2048532.1)

Last updated on JULY 08, 2021

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.1.11.1.0 and later
Oracle Fusion Assets - Version 11.1.11.1.0 and later
Information in this document applies to any platform.

Goal

What happens if there is a transaction (e.g. cost adjustment, retirement, etc) performed on an asset after the depreciation journal entries have been generated and posted for the current open period?
Are the Depreciation journal entries reversed?

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document
Goal
Solution


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.