Monday, December 27, 2021

Asset Retirement Methods in Oracle APPS

Method

Description

Rules

 

Full retirement

Retire all the units of a multiple-unit asset
Retire the entire asset cost

Full cost retirements: allowed for CIP assets.
Full unit retirements: not allowed for CIP assets.

 

Partial retirement

Retire a specified number of units of a multiple-unit asset
Retire a portion of the asset cost.

Partial cost retirements: the units remain unchanged and the retired cost is spread evenly among all assignment lines.
Partial unit retirements: Oracle Fusion Assets automatically calculates the retired cost.
Partial retirements of CIP assets: not allowed.

 

2 comments:

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