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FAQ Common Impairment Journals in Oracle Assets (Doc ID 788082.1)

Last updated on MAY 20, 2021

Applies to:

Oracle Assets - Version 11.5.10.0 to 12.0.0 [Release 11.5 to 12]
Information in this document applies to any platform.
FAPDELB.pls-120.8.12000000.2



Purpose

This FAQ identifies the journals associated with the impairment of assets in Oracle Assets.

FAQ Summary

1.What is the entry for Impairment?
2.What is the entry for Impairment after revaluation when revaluation reserve is less than impairment?
3.What is the entry for Impairment after revaluation when revaluation reserve is higher than impairment?

4.What is the entry for  Revaluation after impairment?
5.What is the entry for Retirement of an asset after impairment?
6.What is the entry for Reclassification of an asset after impairment?

7.What is the entry for Transfer of an asset after impairment?

Questions and Answers

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In this Document
Purpose
 FAQ Summary
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