How To Change Depreciation Expense Account After Reclassification? (Doc ID 1269571.1)

Last updated on NOVEMBER 12, 2016

Applies to:

Oracle Assets - Version 12.0.1 and later
Information in this document applies to any platform.

Goal

How to customize the depreciation expense account after an asset category change (reclassification)?

At present, Oracle Assets creates new depreciation expense accounts after reclassification of the assets by changing only one segment (the GL Account) in the old depreciation code combination.  There could be business requirements to change other named segments such as the expense item or the asset element in this example.

Example of account structure:

Segment 1 - COMPANY
Segment 2 - Cost Center
Segment 3 - GL Account
Segment 4 - Asset element
Segment 5 - Expense item

 

You will get error messages of this type if you attempt to do the reclassification and your account code is such that more than the natural account needs to be redefaulted:

Account Generator failed to generate a new code combination:
Account Type: DEPRN_EXP
Book: CORPORATE
Distribution ID: NEW
Concatenated Segments:
ABC.DEF.123.XYZ.455

Cause: The code combination for the generated segment does not exist and cannot be created because it would contain invalid segment values or because it has been disabled.

Action: Please review the following message for a detailed explanation of why the account could not be generated.

Please choose an existing combination.

Solution

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