(T) Accounting rules: assets erp oracle r12

Capital gain threshold: The minimum time you must hold an asset for Oracle Assets to report it as a capital gain when you retire it. If you want Oracle Assets to report a capital gain for all assets when you retire them, enter zero for the threshold.

Allow amortized changes: This option does not affect group or member assets, or Individual assets that previously belonged to a group.

Allow cost sign changes: Check this check box if you want to allow the cost amount to change from a positive to a negative amount or from a negative to a positive amount.

Allow mass changes and allow amortized changes: If you want to allow amortized changes and mass changes in the asset book, make sure these check boxes are enabled. The default when defining a new asset book has these checkboxes disabled and it is often overlooked to enabled them when defining a new asset book.

Allow revaluations: Select Allow Revaluation, if necessary, and specify the applicable default revaluation rules. Allow group depreciation: You must check the Allow Group Depreciation check box before creating group assets in the book.
Capital gain threshold: The minimum time you must hold an asset for Oracle Assets to report it as a capital gain when you retire it. If you want Oracle Assets to report a capital gain for all assets when you retire them, enter zero for the threshold.

Allow amortized changes: This option does not affect group or member assets, or Individual assets that previously belonged to a group.

Allow cost sign changes: Check this check box if you want to allow the cost amount to change from a positive to a negative amount or from a negative to a positive amount.

Allow mass changes and allow amortized changes: If you want to allow amortized changes and mass changes in the asset book, make sure these check boxes are enabled. The default when defining a new asset book has these checkboxes disabled and it is often overlooked to enabled them when defining a new asset book.

Allow revaluations: Select Allow Revaluation, if necessary, and specify the applicable default revaluation rules. Allow group depreciation: You must check the Allow Group Depreciation check box before creating group assets in the book.