FA Amortization-Urgent

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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muzaffarnaim
Posts: 66
Joined: Fri Dec 15, 2006 4:59 pm
Location: USA

FA Amortization-Urgent

Post by muzaffarnaim »

Hello Everyone

It's our first period after implimentation and we have to run depreciation, but the problem is client wants us to setup some group of assets in a way that remaining balance should be spread out in subsequent three periods <b>evenly</b>.

I defined STL in accordance with the calculation of three more months(Like 1 year 3 months, 2 year 2 months) and tried to amortize the remaining balance in three months but whenever i try to enable 'Amortise Adjustment' check box it does't save the information.

This is urgent i need your input.

Muzaffar
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