How to Merge 2 Assets into One 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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nadh.oracleapps@yahoo.com
Posts: 63
Joined: Sat Nov 21, 2009 6:59 am
Location: India

How to Merge 2 Assets into One Asset

Post by nadh.oracleapps@yahoo.com »

Dear Members,

How to Merge 2 Assets into One Assets. Note: Assets are already Created.

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

Post by oteixeira »

Hello.

Set the asset cost of one of the assets to zero and increase the cost of te other asset in the same amount.

Octavio
nadh.oracleapps@yahoo.com
Posts: 63
Joined: Sat Nov 21, 2009 6:59 am
Location: India

Post by nadh.oracleapps@yahoo.com »

Thanks for reply oteixeria,

Is it possible with out making asset to zero or retiring one asset.

Waiting for reply
oteixeira
Posts: 451
Joined: Wed Aug 27, 2008 12:34 pm
Location: Portugal

Post by oteixeira »

Hello.

Well, if the assets have been added through Mass Addition you can:
-Query the asset you want to merge.
-Press the Source Lines Button.
-Check the left side checkbox.
-Transfer the amount of the line(s) to the destination asset.

Retire the asset is not an option because if you retire it you cannot merge it.

Octavio
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