Can't Change Category Because Revaluation Is Amortized In TAX Book

(Doc ID 2342725.1)

Last updated on DECEMBER 23, 2017

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.12.1.0.0 and later
Oracle Fusion Assets - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Goal

Can't change category because revaluation is amortized in TAX book
We tried to change the category of an asset but it didn't allow us because of the following 'You cannot expense an adjustment to this asset because you have already amortized an adjustment to this asset". The corporate book doesn't have an amortized adjustment, but the tax book has a revaluation, and the revaluation is amortized.

 

Solution

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