Open new period in fix 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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lahham101
Posts: 6
Joined: Wed Mar 18, 2009 3:21 am
Location: Saudi Arabia

Open new period in fix asset?

Post by lahham101 »

Hi

Please there is any body can help me to open new period in fix asset.

Please urgent
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oracleapps1983
Posts: 256
Joined: Thu Aug 07, 2008 3:48 am
Location: USA

Post by oracleapps1983 »

You can Close Periods in Fixed Assets. There is no Concept of opening Periods in Assets.
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Dibyajit
Posts: 5
Joined: Tue Nov 11, 2008 1:10 pm
Location: India

Post by Dibyajit »

Hi,

Once you run depreciation and close the period, the next period is automatically "Opened"

Dibyajit
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