Page 1 of 1
Recreate of an asset after Retirement
Posted: Sun May 03, 2009 12:14 am
by aganguly
I have wrongly retired (sold) an asset and the depreciation has also been run and the status is PROCESSED.The asset needs to be recreated at the same WDV as on that date.
How this is possible.
Thanks.
Amitava
Posted: Sun May 03, 2009 5:24 am
by Arjunn
HI,
You can reinstate the retired asset
Posted: Sun May 03, 2009 8:03 am
by oracleapps1983
Dear Amitava
You can Reinstate Asset when Assets is Retired. You can not Reinstate asset in the same month, because depreciation is calculated for the month. If the Asset is retired year end. You have create a new asset manually and give required details for the new asset.
Regards
Oracleapps1983
Posted: Tue May 19, 2009 1:54 am
by pinnashanmukh
Hi,
you can do undo retirement if the asset is retired in the same month.
It works like this.
If calculate gain or loss program is run then u can reinstante the retirement & if the same is not run then you can do undo retirment
Thanks,
Shanmukh