How To Book Accumulated Depreciation at Addition?

(Doc ID 812877.1)

Last updated on APRIL 25, 2018

Applies to:

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

Goal

When entering a backdated addition or converted asset, you have entered the Cost and Accumulated Depreciation (Reserve).  However, the ADDITION JE only hits the ASSET COST and COST CLEARING accounts.  How do you get the Accumulated Depreciation entry to post?

Solution

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