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

Last updated on APRIL 03, 2023

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

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In this Document
Goal
Solution


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