Run the Perform Periodic Mass Copy Process

This example illustrates what occurs when you run the Perform Periodic Mass Copy process after adjusting the cost of an asset.

Scenario

You are the asset accountant at your company and are asked to capitalize the installation charge for a machinery asset in the corporate asset book and the associated tax book. The current cost of the asset is 14,000 and the installation charge invoice transferred from Oracle Payables is 1000.

Transaction Details

The current cost of the asset is as follows:

Book	Corporate	Tax
Cost	14,000.00	14,000.00
Net Book Value	13,600.00	13,333.31
Open Period	APR-12	Q2-12

You add the installation charge invoice line transferred from Payables to the corporate book using an addition transaction on 15-APR-12.

Book	Corporate	Tax
Cost	15,000.00	14,000.00
Net Book Value	13,500.00	13,333.31
Open Period	APR-12	Q2-12

Run the Perform Periodic Mass Copy process to copy the cost adjustment to tax book.

The Perform Periodic Mass Copy process ends with a status of Succeeded. To verify that the transaction copied successfully, review the output file of the Perform Periodic Mass Copy process request. In case the transaction is not copied, then the action shows the reason for the failure, and may include the action you must take for resolution.

The output file shows the following:

The information represents the asset number, the transaction number, and the action.
--------------- -------------------- ----------------------------------------
BIQA_0007         129769               The asset adjustment has been created.
The number of records processed is 1.
The number of records with warnings is 0.
The number of records that failed is 0.
The Periodic Mass Copy program is complete.

Results of Cost Adjustment in the Tax Book

The cost of the asset after the copying the cost adjustment to the tax book is as follows:

Book	Corporate	Tax
Cost	15,000.00	15,000.00
Net Book Value	13,500.00	12,666.66
Open Period	APR-12	Q2-12