ERPstuff - Oracle EBS Community

Hi All,

Coluld you please help me in the following situation:
I had an asset, which was sold in October, but this fact came to my knowledge, just now. I run depreciation for this asset in november and december as well, so now I have to reverse these depreciations somehow. Of course the FA periods (October, November) are closed now.

Could you help please, how can I manage with this issue?

Thanks in advance!

There is no option to open the closed period of FA so only way is to make certain adjustments in GL. tks

Hi,

You may retire the asset with october period then system will reverse the entire calculation.

Regards,
Madhu