Recreate of an asset after Retirement

[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

[Arjunn]

HI,

You can reinstate the retired asset

[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

[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