Expense Type Asset Does Not Generate Journals in GL
(Doc ID 1472995.1)
Last updated on FEBRUARY 07, 2018
Applies to:Oracle Assets - Version 12.1 and later
Information in this document applies to any platform.
When creating an Expense Type asset, two issues are occurring:
(1) With a manual addition of the asset, using an Expense Category, the system automatically creates the asset with "Expense Type" but does not create accounting entries for the addition of expense assets. Hence, a balance remains in the Asset Clearing account.
(2) When posting a Mass Addition Line of expense category, the Asset is not recognized by the system as Expense Type and it becomes a Capitalized asset.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!