The fiscal year used in Oracle Assets books must have the same start and end dates as the calendar assigned to the associated set of books in Oracle General Ledger.

When defining CORP and TAX asset books, the flag for Allow Revaluation must be set to No.

Asset distributions can have only one balancing segment value per asset. When assets are transferred between balancing segments (companies, in most cases), the asset must be retired from the old company and added to the new company as a new asset. If this is not done, the transactions will not be reported on the Asset Summary report.