Mass Retirements Report and Mass Retirements Exception Report (Oracle Assets Help)


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Mass Retirements Report and Mass Retirements Exception Report

Use the Mass Retirements Report to review the effect of a mass retirement before you process it. If necessary, you can delete or make adjustments to an individual retirement transaction in the Retirements window before you calculate gains and losses. You can also reinstate the mass retirement transaction in the Mass Retirements window. This report sorts by balancing segment, asset type, and asset account. It prints totals for each cost center, account, asset type, and balancing segment.

Use the Mass Retirements Exception Report to identify exception assets that were not retired as part of the mass retirement transaction. Oracle Assets does not retire assets added in the current period or assets that have transactions dated after the retirement date you enter. Oracle Assets also does not retire assets that are assigned to multiple general ledger numbers, locations, or employees, where one or more of the values do not meet the selection criteria you entered for the mass retirement transaction. This report prints each exception asset, including its multiple distributions.

For example, if you mass retire all the assets held by a particular employee, the mass retirement might include assets shared among multiple employees. Oracle Assets does not retire assets which are multiply distributed and one or more of the values do not meet the selection criteria. You can use the Retirements window to fully or partially retire these exception assets.

Oracle Assets automatically runs the Mass Retirements Report and the Mass Retirements Exception Report when you choose the Retire button for a mass retirement transaction with a status of New or Error in the Mass Retirements form.

Mass Retirements Report and Mass Retirements Exception Report

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