FA : Assets Retirement/Management

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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claudaden
Posts: 1
Joined: Thu Oct 11, 2007 1:24 pm
Location: France

FA : Assets Retirement/Management

Post by claudaden »

Can anyone give me an idea on how to functionaly resolve this FA problem.

1) I have a Multi organzational structure with Consolidation enabled between my Subsidiary entities and my parent or group entity.
2) My AP and FA are on my Group chart of accounts.
3) I perform monthly consolidation between my subsidiaries and my group.
4) In my FA I can ONLY capture FA >$1000 on my CORPORATE book and all FA <$1000 must be imputed directly as expenses in GL.
5) However, for my TAX book which is consolidated with my STATUTORY local accounts I MUST capture ALL assets regardless of the amount.
6) Please how do I solve this problem since I cannot capture assets DIRECTLY in my TAX book.

Thanks,
Clauaden.
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