Change of Expense Account in Fixed Asset

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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aganguly
Posts: 60
Joined: Fri May 18, 2007 9:41 am
Location: India

Change of Expense Account in Fixed Asset

Post by aganguly »

I have created a new asset thru Create Mass Addition. By mistake I have entered wrong Expense Account. I have not yet run the Depreciation of the asset for the month. Then trru Assignment I have changed the Expense Account of the Asset. Now if I run the Depreciation will it be having any wrong financial impact ?

Thanks.

Amitava
oteixeira
Posts: 451
Joined: Wed Aug 27, 2008 12:34 pm
Location: Portugal

Post by oteixeira »

Hello.

No. The system will use the actual expense account defined on the assigment.

Octavio
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