How can I use social networking to quickly resolve an erroneous asset retirement?

Use the Social link on the Inquire Assets page to invite others to a conversation to address the error.

For example, in an asset retirement report you notice that one of your assets, worth 3,000,000 USD, has a partial retirement against it for 500,000 USD. This appears to be an error to you.

From the Inquire Assets page:

  1. Search for the asset and review the retirement transaction.

  2. Click Social to open Oracle Social Network. Click the Share button, or click Join if collaboration has already been initiated.

  3. Create a new related conversation.

  4. Invite your asset accountant and asset accounting manager to join the conversation.

  5. Upload the asset report and mark it for your asset accountant to reply quickly.

Your asset accountant reviews the report and posts a message confirming that the retirement transaction is erroneous. The asset accountant marks the conversation for the asset accounting manager to review the report. Because the asset accounting manager has access to Oracle Social Network Cloud Service, he can review the report and post instructions on how to reinstate the retirement using his mobile device.