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Oracle Assets FAQ For Retirements (Doc ID 110126.1)

Last updated on JUNE 07, 2021

Applies to:

Oracle Assets - Version 11.5.10.0 and later
Information in this document applies to any platform.

Purpose

 Retirements FAQ

Questions and Answers

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In this Document
Purpose
Questions and Answers
 1.  Is it possible to perform mass retirements?
 2.  What is the earliest retirement date I can enter for a prior period retirement?
 3.  If I perform several partial retirements on an asset, which retirements can I reinstate?
 4.  What journal entries does Oracle Assets create for a retirement?
 5.  What journal entries does Oracle Assets create for a reinstatement?
 6.  What is a retirement convention?
 7.  Can I retire expensed items?
 8.  When I retire an asset in the CORP book, does Oracle Assets retire the asset in all the associated TAX books?
 9.  What reports can be run for retirement information?
 10. How can I retire an asset that was added in the current period?
 11. Can I retire CIP assets?  
 12. Can I retire all my assets with a zero net book value?
 13. How do I reinstate a Mass Retirement?
 14. Is it possible to retire an asset in the same period it was added?
 15. Can I retire subcomponents of assets when doing a Mass retirement?
 16. Can I mass retire all the assets assigned to an employee?
 17. If I mass retire a range of assets in my Corporate Book will they be copied to my Tax Book?
 Still Have Questions?
References

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