Change Life Years of an asset, Oracle Fixed Assets

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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qayyumabdul
Posts: 1
Joined: Thu Mar 20, 2008 6:47 am
Location: Pakistan

Change Life Years of an asset, Oracle Fixed Assets

Post by qayyumabdul »

Hi Members,

I want to change "Life Years" of assets related to a specific category.

Can soneone be kind enough to help me on this?


Thanks,
eswar_chinni
Posts: 32
Joined: Mon Mar 12, 2007 4:08 am
Location: India

Post by eswar_chinni »

Hi

Go to masstransactions: change, this navigation will u help out.
ramu.parepalli
Posts: 31
Joined: Sat Mar 17, 2007 1:16 am
Location: India

Post by ramu.parepalli »

Hi Eeswar,

We can change the Life of the Asset Category.

Please navigate to Asset Category > Go to Default Rules > Change the Depreciation Method and Life of the Asset.

But this change will occur with effect from the System Date.

Thanks & Regards,
Ram
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