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Execute Query (CT RL)(F11)
Click Retire button
Click the OK button to confirm.
Click the OK button
This will run the Post Mass Retirements program and the
Mass Retirements Report.
At this point the status of the transaction is ’Completed.’
Requery Mass T ransaction.
Enter Query (F11)
Enter Mass T ransaction Number
Execute Query (CT RL)(F11)
Verify Status is completed.
Choose View, Requests from the application menu.
Click the Find button. Verify the Retirements Reinstate Assets Retirements form is displayed
Prepare asset for Reinstatement
Note Status of the Retirement is
Reinstate button reinstates the asset.
A retired asset may be ‘Reinstated’ before
or after running Gain/Loss or month-end
Depreciation. In the Retirements screen
re-query the retirement you wish to undo.
Before Gain/Loss or Depreciation is run
the button is Undo Retirement. After
Gain/Loss or Depreciation is run the button
is Reinstate. - 08.24 Verify that the impairment is reflected in Books.
Run Depreciation, if it has not been run already, up to the
09.00 current period.
09.01 Run Depreciation Projections
- Source Lines window is displayed. All
sources of the asset’s cost are displayed.
Select Source line to set for retirement.
Book: XXX CORP Source Line is Retired.
The results of the retirement can be seen
in the Asset Retirements reports and
during the close process. - Book: CORP_BK_NAME
Cash Generating Unit: Building CGU
Click on Icon Save
Opens the Asset Impairment Form 10.01 View Depreciation results.
11.00 Select an asset to modify.
11.01 Change Asset Cost
11.02 Change Asset Cost
11.03 Run Depreciation 11.04 Review the Depreciation Run Report
12.00 Log in to E-Business Suite
12.01 Select Responsibility YT D Impairment: 1,500 T he system will run 4 programs: The user will be able to input projection
calendar, number of periods, starting
period, book and type of report detail. T he system will run 4 programs:
Book LOV: XXX CORP Cost is changed to add freight cost.
Book: XXX CORP
Current Cost: $6,000 Book LOV: XXX CORP
Period LOV: (latest open period will
default) Click the Ok button to acknowledge note
Verify successful completion
Navigate: Other > Concurrent > Find Requests Responsibility: Fixed Asset Manager Fixed Asset Manager menu opens
This functionality is only performed after
the final closing of the corporate period.
Once the Final Depreciation has been run
and validated as part of the flow script
Period End Close to Financial Reporting,
you may then proceed with performing this
This process copies addition, retirement
transactions to the Tax Books. Book LOV: XXX FEDERAL T AX
Period LOV: (Choose the last period
closed in the Corporate book) Click OK button
Click the Submit button
Click No button to Request Submission
Verify Successful completion
Manual Procedure 13.03 Run Financial Adjustment Report
13.04 Run T ax Retirements Report
- Enter Parameters Choose View, Requests from the Application menu
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This document was uploaded on 09/16/2013.
- Fall '13