Run the Create Accounting for Assets Process

In this example, you want to determine the estimated gain and loss amounts for retirement transactions processed through March 15, 2019.

You use this information to provide your manager with the approximate impact on your company's profits. You run a draft version of the Create Accounting for Assets process for retirement transactions, because you don't want journal entries transferred or posted to Oracle General Ledger.

Run Create Accounting for Assets

1. On the Assets page, click the Create Accounting panel tab.

2. On the Parameters page, enter these values:

   Field	Value
   Book	ABC CORP
   Subledger Application	Assets
   Process Category	Retirement
   End Date	3/15/2011
   Accounting Mode	Draft
   Process Events	All
   Report Style	Summary
   Transfer to General Ledger	No
   Post in General Ledger	No
   Journal Batch	Leave blank
   Include User Transaction Identifiers	No

3. Click Submit.