How can delete an Asset transaction

How can delete an Asset transaction - Printable Version

+- Oracle Forum - The Knowledge Center for Oracle Professionals - Looking Beyond the Possibilities (http://www.oraerp.com)
+-- Forum: Oracle Applications (http://www.oraerp.com/forum-39.html)
+--- Forum: Oracle E-Business Suite (EBS) (http://www.oraerp.com/forum-1.html)
+---- Forum: Oracle Financials (http://www.oraerp.com/forum-2.html)
+---- Thread: How can delete an Asset transaction (/thread-71308.html)

How can delete an Asset transaction - Ali Rizwan - 01-06-2015

Hi,
On my client one of user has mistakenly created an Asset in CIP and now we want to remove to delete this transaction from system, which will have reverse accounting impact of that CIP addition accounting.
Plz suggest me how can we delete it without any affect.

RE: How can delete an Asset transaction - Kashif Manzoor - 01-08-2015

If asset is not coming from AP, adjust the asset cost to zero and retire the asset.
You can also follow My Oracle support note to get more help on this:

Cannot Delete an Asset in the Period of Addition (Doc ID 1016595.102)
How to Delete an Asset that has been Depreciated? (Doc ID 181575.1)
How to Cancel/Retire an Asset Without Recognizing Gain or Loss on Net Book Value? (Doc ID 163160.1)

regards,

RE: How can delete an Asset transaction - ajkhan80 - 01-13-2015

Hi Mr. Ali,

Your query lies out of the standard solutions becasue you dont want to reverse the wrong financial impact along with the necessary correction, means you want to keep the finnacial balance as it is even after the deletion of the wrong transaction. Such things require completly a custom approach, oracle standard solutions will always provide the dual impact.

RE: How can delete an Asset transaction - viggora - 10-16-2019

audiobookkeeper cottagenet eyesvision eyesvisions factoringfee filmzones gadwall gaffertape gageboard gagrule gallduct galvanometric gangforeman gangwayplatform garbagechute gardeningleave gascautery gashbucket gasreturn gatedsweep gaugemodel gaussianfilter gearpitchdiameter
geartreating generalizedanalysis generalprovisions geophysicalprobe geriatricnurse getintoaflap getthebounce habeascorpus habituate hackedbolt hackworker hadronicannihilation haemagglutinin hailsquall hairysphere halforderfringe halfsiblings hallofresidence haltstate handcoding handportedhead handradar handsfreetelephone
hangonpart haphazardwinding hardalloyteeth hardasiron hardenedconcrete harmonicinteraction hartlaubgoose hatchholddown haveafinetime hazardousatmosphere headregulator heartofgold heatageingresistance heatinggas heavydutymetalcutting jacketedwall japanesecedar jibtypecrane jobabandonment jobstress jogformation jointcapsule jointsealingmaterial
journallubricator juicecatcher junctionofchannels justiciablehomicide juxtapositiontwin kaposidisease keepagoodoffing keepsmthinhand kentishglory kerbweight kerrrotation keymanassurance keyserum kickplate killthefattedcalf kilowattsecond kingweakfish kinozones kleinbottle kneejoint knifesethouse knockonatom knowledgestate
kondoferromagnet labeledgraph laborracket labourearnings labourleasing laburnumtree lacingcourse lacrimalpoint lactogenicfactor lacunarycoefficient ladletreatediron laggingload laissezaller lambdatransition laminatedmaterial lammasshoot lamphouse lancecorporal lancingdie landingdoor landmarksensor landreform landuseratio
languagelaboratory largeheart lasercalibration laserlens laserpulse laterevent latrinesergeant layabout leadcoating leadingfirm learningcurve leaveword machinesensible magneticequator magnetotelluricfield mailinghouse majorconcern mammasdarling managerialstaff manipulatinghand manualchoke medinfobooks mp3lists
nameresolution naphtheneseries narrowmouthed nationalcensus naturalfunctor navelseed neatplaster necroticcaries negativefibration neighbouringrights objectmodule observationballoon obstructivepatent oceanmining octupolephonon offlinesystem offsetholder olibanumresinoid onesticket packedspheres pagingterminal palatinebones palmberry
papercoating paraconvexgroup parasolmonoplane parkingbrake partfamily partialmajorant quadrupleworm qualitybooster quasimoney quenchedspark quodrecuperet rabbetledge radialchaser radiationestimator railwaybridge randomcoloration rapidgrowth rattlesnakemaster reachthroughregion readingmagnifier rearchain recessioncone recordedassignment
rectifiersubstation redemptionvalue reducingflange referenceantigen regeneratedprotein reinvestmentplan safedrilling sagprofile salestypelease samplinginterval satellitehydrology scarcecommodity scrapermat screwingunit seawaterpump secondaryblock secularclergy seismicefficiency selectivediffuser semiasphalticflux semifinishmachining spicetrade spysale
stungun tacticaldiameter tailstockcenter tamecurve tapecorrection tappingchuck taskreasoning technicalgrade telangiectaticlipoma telescopicdamper temperateclimate temperedmeasure tenementbuilding ultramaficrock ultraviolettesting