How Mass Retirements Are Processed

Retire a group of assets by populating the Mass Retirement interface table with these assets and posting the retirement transactions to Oracle Assets.

Settings That Affect Mass Retirements

The following business rules affect mass retirements:

• The review status should be initially set to New, On Hold or Post by an external system.

• All displayed data passed from an external system or Oracle Project Costing is subject to modification.

The following table shows the possible review statuses and their meanings:

Review Status	Meaning
New	The data is new and may require additional information before the retirement can be processed by the Post Mass Retirements process.
On Hold	The data should remain unprocessed by the Post Mass Retirements process until it's set to a review status of Post.
Post	The data is ready for the retirement to be processed by the Post Mass Retirements process.
Error	The data is invalid and won't be submitted for retirement when you run the Post Mass Retirements process. You can: Set these records with errors to Delete if they need to be removed from the database. Remove them by running the Purge Mass External Retirements program.
Delete	The data won't be submitted for retirement when you run the Post Mass Retirements process.

How Mass Retirements Are Processed

Process cost, unit, or source line retirements for the external retirement batch by populating the Mass Retirement interface tables with the correct retirement batch.

Note: Assets allows both partial cost and partial unit retirements. However, retirements can only be grouped using a batch number, which restricts you from fully using the benefit of the mass retirements feature.