M 013857

R11i Manage Asset
Retirements
Student Guide
14725GC10
Production 1.0
November 2000
M013857
Copyright © Oracle Corporation, 2000. All rights reserved.
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Author
Jill Burton
Technical Contributors and Reviewers
John Hays, Melanie Heisler, Gladys Leung, Steve Paradisis
This book was published using:
Oracle Tutor
Table of Contents
R11i Manage Asset Retirements...........................................................................................1-1

Manage Asset Retirements ..................................................................................................1-2
Objectives ............................................................................................................................1-3
Agenda.................................................................................................................................1-4
Tracking Asset Retirements.................................................................................................1-6
Overview of Retiring an Asset.............................................................................................1-8
Retiring an Asset..................................................................................................................1-9
Retirement Types.................................................................................................................1-10
Retiring an Asset Separately Across Depreciation Books ...................................................1-11
Agenda.................................................................................................................................1-12
Restrictions on Retirements and Reinstatements .................................................................1-13
Retirement and Reinstatement Restrictions .........................................................................1-14
Fully Retiring Assets ...........................................................................................................1-17
Partially Retiring an Asset ...................................................................................................1-18
Demonstration......................................................................................................................1-20
Processing a Pending Retirement and Reinstatement ..........................................................1-21
Processing Retirements and Reinstatements........................................................................1-22
Updating a Retirement Status ..............................................................................................1-24
Review Question..................................................................................................................1-26
Answer to Review Question ................................................................................................1-27
Agenda.................................................................................................................................1-28
Calculating Gains and Losses ..............................................................................................1-29
Calculating Depreciation for the Period Retired..................................................................1-30
Prorate Convention and Retirement Convention .................................................................1-32
Recording Retirements and Reinstatements ........................................................................1-33
Overview of Creating Retirement Journal Entries ...............................................................1-34
Recording Retirements ........................................................................................................1-36
Recording a Retirement on Multiple Accounts....................................................................1-37
Recording Retirement Journal Entries .................................................................................1-40
Review Question..................................................................................................................1-41
Practice 1 Overview.............................................................................................................1-43
Practice 1 Instructions with Solution ...................................................................................1-44
Demonstration......................................................................................................................1-46
Agenda.................................................................................................................................1-47
Correcting Retirement and Reinstatement Errors ................................................................1-48
Reinstating Retired Assets ...................................................................................................1-49
Reinstating Assets Using the Retirement Status ..................................................................1-50
Recording Prior Period Reinstatement Entries ....................................................................1-52
Demonstration......................................................................................................................1-53
Practice 2 Overview.............................................................................................................1-54
Practice 2 Instructions with Solution ...................................................................................1-55
Review Question..................................................................................................................1-57
Agenda.................................................................................................................................1-59
Retiring a Group of Assets...................................................................................................1-60
Demonstration......................................................................................................................1-61
Agenda.................................................................................................................................1-62
Retirement Reports ..............................................................................................................1-63
Review Question..................................................................................................................1-66
Summary..............................................................................................................................1-68
R11i Manage Asset Retirements Table of Contents

i

ii
Preface
Profile
Before You Begin This Course
Before you begin this course, you should have the following qualifications:
• An understanding of the basic accounting concepts
• Thorough knowledge of the fixed asset management functions
• Working experience with accounting and maintaining assets
Prerequisites
• R11i Overview of the Asset Management Process
How This Course Is Organized
R11i Manage Asset Retirements is an instructor-led course featuring lecture and

hands-on exercises. Online demonstrations and written practice sessions reinforce
the concepts and skills introduced.

iii
Related Publications
Oracle Publications
Title Part Number
Oracle Assets User Guide A81359-01
Oracle Assets Technical Reference Manual A81200-01
Additional Publications
• System release bulletins
• Installation and user’s guides
• read.me files
• Oracle Magazine

iv
Typographic Conventions
Typographic Conventions in Text
Convention Element Example

Bold italic Glossary term (if The algorithm inserts the new key.
there is a glossary)
Caps and Buttons, Click the Executable button.

lowercase check boxes, Select the Can’t Delete Card check box.
triggers, Assign a When-Validate-Item trigger to the
windows ORD block.
Open the Master Schedule window.
Courier new, Code output, Code output: debug.set (‘I”, 300);

case sensitive directory names, Directory: bin (DOS), $FMHOME (UNIX)
(default is filenames, Filename: Locate the init.ora file.
lowercase) passwords, Password: User tiger as your password.
pathnames, Pathname: Open c:\my_docs\projects
URLs, URL: Go to http://www.oracle.com
user input,
User input: Enter 300
usernames
Username: Log on as scott
Initial cap Graphics labels Customer address (but Oracle Payables)

(unless the term is a
proper noun)
Italic Emphasized words Do not save changes to the database.

and phrases, For further information, see Oracle7 Server
titles of books and SQL Language Reference Manual.
courses, Enter user_id@us.oracle.com,
variables where user_id is the name of the user.
Quotation Interface elements Select “Include a reusable module component”
marks with long names and click Finish.
that have only
initial caps; This subject is covered in Unit II, Lesson 3,
lesson and chapter “Working with Objects.”
titles in cross-
references
Uppercase SQL column Use the SELECT command to view

names, commands, information stored in the LAST_NAME
functions, schemas, column of the EMP table.
table names

Arrow Menu paths Select File—> Save.

v
Brackets Key names Press [Enter].
Commas Key sequences Press and release keys one at a time:

[Alternate], [F], [D]
Plus signs Key combinations Press and hold these keys simultaneously:
[Ctrl]+[Alt]+[Del]
Typographic Conventions in Code

Caps and Oracle Forms When-Validate-Item
lowercase triggers
Lowercase Column names, SELECT last_name
table names FROM s_emp;
Passwords DROP USER scott

IDENTIFIED BY tiger;
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(OG_GET_LAYER
(‘prod_pie_layer’))
Lowercase Syntax variables CREATE ROLE role

italic
Uppercase SQL commands and SELECT userid
functions FROM emp;
Typographic Conventions in Navigation Paths
This course uses simplified navigation paths, such as the following example, to
direct you through Oracle Applications.
(N) Invoice > Entry > Invoice Batches Summary (M) Query > Find (B) Approve
This simplified path translates to the following:
1. (N) From the Navigator window, select Invoice > Entry > Invoice Batches
Summary.
2. (M) From the menu, select Query > Find.
3. (B) Click the Approve button.
Notations :
(N) = Navigator
(M) = Menu
(T) = Tab

vi
(I) = Icon
(H) = Hyperlink
(B) = Button
Typographical Conventions in Help System Paths
This course uses a “navigation path” convention to represent actions you perform
to find pertinent information in the Oracle Applications Help System.
The following help navigation path, for example—
(Help) General Ledger > Journals > Enter Journals
—represents the following sequence of actions:
1. In the navigation frame of the help system window, expand the General
Ledger entry.
2. Under the General Ledger entry, expand Journals.
3. Under Journals, select Enter Journals.
4. Review the Enter Journals topic that appears in the document frame of the
help system window.
Getting Help
Oracle Applications provides you with a complete online help facility.
Whenever you need assistance, simply choose an item from the Help menu to
pinpoint the type of information you want.
To display help for a current window:
1. Choose Window Help from the Help menu, click the Help button on the
toolbar, or hold down the Control key and type 'h'.
A web browser window appears, containing search and navigation frames on

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The document frame provides information on the window containing the

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responsibility, arranged in a tree control.
2. If the document frame contains a list of topics associated with the window,
click on a topic of interest to display more detailed information.

vii
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viii
R11i Manage Asset
Retirements
Chapter 1
R11i Manage Asset Retirements

Chapter 1 - Page 1
Manage Asset Retirements
Manage
Manage Asset
Asset Retirements
Retirements
Oracle
Oracle Assets
Assets Release
Release 11i
11i
Copyright  Oracle Corporation, 2000. All rights reserved.

Chapter 1 - Page 2
Objectives
Objectives
Objectives
After
After completing
completing this
this course,
course, you
you should
should be
be able
able to:
to:
•• Describe
Describe the
the asset
asset retirement
retirement process
process
•• Demonstrate
Demonstrate howhow toto fully
fully and
and partially
partially retire
retire
assets
assets
•• Describe
Describe how
how toto calculate
calculate gains
gains and
and losses
losses
•• Demonstrate
Demonstrate howhow toto correct
correct retirement
retirement and
and
reinstatement errors
•• Explain
Explain how
how to
to retire
retire and
and reinstate
reinstate aa group
group ofof
assets
assets
•• Describe
Describe the
the retirement
retirement reports
reports

Chapter 1 - Page 3
Agenda
Agenda
Agenda
•• Overview
Overview of
of retiring
retiring assets
assets
•• Fully
Fully and
and partially
partially retiring
retiring assets
assets
•• Calculating
Calculating gains
gains and
and losses
losses
•• Correcting
Correcting retirement
retirement and
and reinstatement
errors
•• Retiring
Retiring and
and reinstating
reinstating aa group
group of
of assets
assets
•• Using
Using retirement
retirement reports
reports

Chapter 1 - Page 4
Agenda
Agenda
Agenda
•• Overview
Overview ofof retiring
retiring assets
assets
•• Fully
Fully and
and partially
partially retiring
retiring assets
assets
•• Calculating
Calculating gains
gains and
and losses
losses
•• Correcting
retirement and
and reinstatement
errors
•• Retiring
Retiring and
and reinstating
group of
of assets
assets
•• Using
Using retirement
retirement reports
reports

Chapter 1 - Page 5
Tracking Asset Retirements

Asset Life
Automated Manual
addition addition
Invoice
Adjustment Transfer
Retirement
Depreciation
Create
Reinstatement
journal entries
®

Chapter 1 - Page 6
Tracking
Tracking Asset
Asset Retirements
Retirements
You
You can
can easily
easily retire
retire or
or reinstate
reinstate your
your assets.
assets. The
The
following
following are
are the
the retirement
retirement features:
features:
•• Retire
Retire assets
assets fully
fully or
or partially.
partially.
•• Retire
Retire by
by units
units or
or cost.
cost.
•• Perform
Perform aa mass
mass retirement
retirement by
by retiring
retiring aa group
group of
of
assets.
assets.
•• Reinstate
Reinstate retired
retired assets.
assets.
•• Perform
Perform current
current and
and prior
prior period
period retirements
retirements and
and
reinstatements
reinstatements within
within the
the same
same fiscal
fiscal year.
year.
•• Create
Create journal
journal entries
entries to
to separate
separate accounts
accounts for
for
each
each component
component of of the
the gain
gain or
or loss.
loss.
®
(Help) Oracle Financial Applications > Oracle Assets > Asset Retirements
> About Retirements

Chapter 1 - Page 7
Overview of Retiring an Asset
Overview
Overview of
of Retiring
Retiring an
an Asset
Asset
Asset to retire
Full retirement Partial retirement
Entire units and entire cost Partial unit Partial cost
Retired asset

Chapter 1 - Page 8
Retiring an Asset
Retiring
Retiring an
an Asset
Asset
•• You
You cancan retire
retire all
all oror part
part of
of an
an asset
asset when
when itit is
is no
no
longer
longer in in service.
service.
•• For
For example,
example, youyou cancan retire
retire anan asset
asset that
that was
was lost,
lost,
stolen, damaged, sold, returned,
stolen, damaged, sold, returned, or any other or any other
reason
reason thatthat caused
caused youyou toto stop
stop using
using it.
it.
•• IfIf necessary,
necessary, youyou cancan undo
undo the the retirement.
retirement. Oracle
Oracle
Assets
Assets willwill continue
continue to to track
track aa fully
fully reserved
reserved asset
asset
until
until you
you retire
retire it.
it.
Note:
Note: A A fully
fully reserved
reserved asset
asset isis aa fully
fully depreciated
depreciated
asset.
asset.

Chapter 1 - Page 9
Retirement Types
Retirement
Retirement Types
Types
Retirement Type Definition
Full retirement Retiring an entire asset including

all of its units and cost
Partial retirement Retiring part of an asset by cost or

specified units. The cost retired is
distributed proportionately across
the specified distribution lines.
Undo retirement Reinstating a retirement

Chapter 1 - Page 10
Retiring an Asset Separately Across Depreciation
Books
Retiring
Retiring an
an Asset
Asset Separately
Separately Across
Across
Depreciation
Depreciation Books
Books
•• You
You can
can retire
retire an
an asset
asset from
from any
any depreciation
depreciation
book
book without
without affecting
affecting other
other books.
books.
•• To
To retire
retire an
an asset
asset from
from all
all books,
books, you
you must
must retire
retire
the
the asset
asset from
from each
each book
book separately
separately or
or set
set up
up
Mass
Mass Copy
Copy to to copy
copy the
the retirements
retirements to
to the
the other
other
books in the Book Controls
books in the Book Controls form. form.

Chapter 1 - Page 11
Agenda
Agenda
Agenda
•• Overview
Overview of
of retiring
retiring assets
assets
•• Fully
Fully and
and partially
partially retiring
retiring assets
assets
•• Calculating
Calculating gains
gains and
and losses
losses
•• Correcting
retirement and
and reinstatement
errors
•• Retiring
Retiring and
and reinstating
group of
of assets
assets
•• Using
Using retirement
retirement reports
reports

Chapter 1 - Page 12
Restrictions on Retirements and Reinstatements
Restrictions
Restrictions on
on Retirements
Retirements and
and
Reinstatements
Reinstatements
Desired Action Can Be Performed When

Retire an asset The asset is in service in the current
fiscal year and was added in a prior
period
Reinstate an asset The asset was retired in the current
fiscal year
Reinstate a partially No transactions have occurred
retired asset since the partial retirement

Chapter 1 - Page 13
Retirement and Reinstatement Restrictions
Retirement
Retirement and
and Reinstatement
Reinstatement
Restrictions
Restrictions
Retiring
Retiring asset
asset restrictions:
restrictions:
•• You
You can
can only
only retire
retire assets
assets that
that were
were added
added inin
previous periods and are effective in the current
previous periods and are effective in the current
fiscal
fiscal year.
year.
•• You
You cannot
cannot retire
retire an
an asset
asset that
that you
you added
added inin the
the
current
current period.
period.
•• Instead,
Instead, you
you must
must enter
enter your
your retirement
retirement asas aa prior
prior
period
period retirement
retirement after
after you
you run
run depreciation.
depreciation.
(Help) Oracle Financial Applications > Oracle Assets > Asset Retirements >
About Retirements

Chapter 1 - Page 14
Retirement
Retirement and
and Reinstatement
Reinstatement
Restrictions
Restrictions
•• IfIf you
you do
do not
not want
want to
to create
create anyany journal
journal entries,
entries,
choose
choose Edit—>Delete
Edit—>Delete Record
Record fromfrom the the menu
menu inin the
the
Asset Details window to delete the
Asset Details window to delete the asset anytime asset anytime
in
in thethe period
period you
you added
added it.it.
–– This
This removes all records of
removes all records of the
the asset
asset but
but does
does
not
not affect
affect any
any subcomponents.
subcomponents.
•• IfIf an
an asset
asset was
was added
added in in aa prior
prior period
period by by mistake,
mistake,
adjust
adjust the the cost
cost to
to zero
zero and
and retire
retire it.
it.
•• Retirement
Retirement transactions
transactions cannot
cannot spanspan fiscal
fiscal year
year
boundaries.
boundaries.

Chapter 1 - Page 15
Retirement
Retirement and
and Reinstatement
Reinstatement
Restrictions
Restrictions
Reinstating
Reinstating assets
assets restrictions:
restrictions:
•• You
You can
can only
only reinstate
reinstate assets
assets retired
retired in
in the
the current
current
fiscal year.
fiscal year.
•• You
You can
can only
only reinstate
reinstate aa partially
partially retired
retired asset
asset ifif
you
you have
have not
not performed
performed anyany transactions
transactions on on the
the
asset
asset since
since the
the partial
partial retirement.
retirement.
•• Reinstate
Reinstate only
only the
the most
most recent
recent partial
partial retirement
retirement ifif
you
you have
have performed
performed several
several partial
partial retirements
retirements on on
the asset.
the asset.

Chapter 1 - Page 16
Fully Retiring Assets
Fully
Fully Retiring
Retiring Assets
Assets
You
You fully
fully retire
retire an
an asset
asset by
by retiring
retiring an
an entire
entire asset
asset
including
including all
all of
of its
its units
units and
and cost.
cost.
Retiring Assets

Chapter 1 - Page 17
Partially Retiring an Asset
Partially
Partially Retiring
Retiring an
an Asset
Asset
•• By
By Cost
Cost
–– Enter
Enter the
the cost
cost to
to retire.
retire.
–– The
The cost
cost change
change will
will not
not affect
affect the
the unit
unit
amount.
amount. Oracle Assets distributes the
Oracle Assets distributes the cost
cost
retired
retired proportionally
proportionally across
across all
all distribution
distribution
lines.
lines.
•• By
By Units
Units
–– Enter
Enter whole
whole numbers
numbers forfor the
the number
number of of units
units
you want to retire.
you want to retire.
–– Oracle
Oracle Assets
Assets calculates
calculates the
the cost
cost retired
retired as
as
the
the fraction
fraction ofof total
total cost
cost for
for the
the units
units retired
retired
relative
relative to
to the
the total
total number
number of of units.
units.
®
Retiring Assets

Chapter 1 - Page 18
Partially Retiring an Asset
Partially
Partially Retiring
Retiring an
an Asset
Asset
•• You
You can can retire
retire part
part ofof an
an asset
asset byby cost
cost oror by
by units
units
in
in your
your corporate
corporate book.
book.
•• You
You cannot
cannot perform
perform partial
partial unit
unit retirements
retirements in in your
your
tax books; you can only perform cost
tax books; you can only perform cost retirements retirements
(partial
(partial and
and full)
full) in
in your
your tax
tax books.
books.
•• The
The procedure
procedure to to partially
partially retire
retire an
an asset
asset isis
identical
identical to to the
the procedure
procedure for for fully
fully retiring
retiring the
the
asset.
asset. TheThe only
only difference
difference occurs
occurs when
when you
you
specify
specify thethe cost
cost or or units
units to
to retire.
retire.
•• IfIf you
you perform
perform multiple
multiple partial
partial retirements
retirements on on anan
asset within a period, you must run the
asset within a period, you must run the Calculate Calculate
Gains
Gains and and Losses
Losses program
program between
between transactions.
transactions.
®

Chapter 1 - Page 19
Demonstration
Demonstration
Demonstration
This
This demonstration
demonstration covers
covers how
how to
to fully
fully and
and partially
partially
retire
retire an
an asset.
asset.
(N)
(N) Assets
Assets >> Asset
Asset Workbench
Workbench (B)
(B) Retirements
Retirements

Chapter 1 - Page 20
Processing a Pending Retirement and Reinstatement
Processing
Processing aa Pending
Pending Retirement
Retirement
and
and Reinstatement
Reinstatement
Pending Retirement Reinstatement
• Calculate the gain or • Reinstate the asset cost
loss. and depreciation reserve
• Remove the asset cost to the appropriate
and accumulated accounts.
depreciation. • Determine depreciation
• Depreciate during the adjustment for missed
period of retirement depreciation.
according to the • Update status to
retirement convention. DELETED.
• Take any necessary ITC
recapture.
• Update status to
PROCESSED.
®

Chapter 1 - Page 21
Processing Retirements and Reinstatements
Processing
Processing Retirements
Retirements and
and
Reinstatements
Reinstatements
Retirements
Retirements with with Status
Status PENDING
PENDING
•• Oracle
Oracle Assets
Assets calculates
calculates the
the gain
gain or
or loss
loss for
for aa
retirement and removes the asset
retirement and removes the asset cost and cost and
accumulated
accumulated depreciation
depreciation from
from the
the appropriate
appropriate
accounts.
accounts.
•• ItIt takes
takes depreciation
depreciation during
during the
the period
period ofof
retirement
retirement according
according to to the
the retirement
retirement convention.
convention.
•• ItIt takes
takes any
any necessary
necessary ITC ITC recapture.
recapture.
•• ItIt also
also updates
updates thethe status
status ofof the
the retirement
retirement toto
PROCESSED.
PROCESSED.
Note:
Note: Partial
Partial unit
unit retirements
retirements terminate
terminate thethe
existing
existing distribution
distribution and
and create
create aa new
new distribution.
distribution.
®

Chapter 1 - Page 22
Processing Retirements and Reinstatements
Processing
Processing Retirements
Retirements and
and
Reinstatements
Reinstatements
Reinstatements
Reinstatements with with Status
Status REINSTATE
REINSTATE
•• Oracle
Oracle Assets
Assets reinstates
reinstates the
the asset
asset cost
cost and
and
depreciation reserve to the appropriate
depreciation reserve to the appropriate accounts.accounts.
•• ItIt determines
determines depreciation
depreciation adjustment
adjustment forfor missed
missed
depreciation.
depreciation.
•• ItIt also
also updates
updates thethe status
status of
of the
the retirement
retirement to
to
DELETED.
DELETED.
Note:
Note: Partial
Partial unit
unit reinstatements
reinstatements terminate
terminate the
the new
new
distribution and recreate the old distribution.
distribution and recreate the old distribution.

Chapter 1 - Page 23
Updating a Retirement Status
Updating
Updating aa Retirement
Retirement Status
Status
When
When you
you run
run the
the depreciation
depreciation program
program or
or the
the
calculate
calculate gains and losses program, the status of
gains and losses program, the status of the
the
retirement
retirement changes.
changes.
Type of Current Change Status
Retirement Status Before After
New Pending Pending Processed
Reinstated Processed Reinstate Deleted
Note: For books with a large volume of assets, run

the retirements process several times during the
period to reduce the time the depreciation program
takes to run at the end of the period.
®

Chapter 1 - Page 24
Updating a Retirement Status
Updating
Updating aa Retirement
Retirement Status
Status
Each
Each retirement
retirement transaction
transaction has
has aa status:
status:
•• A
A new
new retirement
retirement receives
receives the
the status
status of
of PENDING.
PENDING.
•• After
After you
you run
run depreciation
depreciation oror calculate
calculate gains
gains and
and
losses,
losses, the
the status
status changes
changes to to PROCESSED.
PROCESSED.
•• When
When you
you reinstate
reinstate aa retired
retired asset
asset with
with aa status
status of
of
PROCESSED,
PROCESSED, Oracle
Oracle Assets
Assets changes
changes the
the status
status to
to
REINSTATE.
REINSTATE.
•• After
After calculating
calculating gains
gains and
and losses,
losses, the
the status
status
becomes DELETED.
becomes DELETED.

Chapter 1 - Page 25
Review Question
Review
Review Question
Question
Before
Before you
you run
run the
the depreciation
program or
or the
the
calculate gains and losses program, a new retirement
has
has which
which one
one of
of the
the following
following statuses?
statuses?
1.
1. New
New
2.
2. Deleted
Deleted
3.
3. Pending
Pending
4.
4. Reinstate
Reinstate
5.
5. Processed
Processed

Chapter 1 - Page 26
Answer to Review Question
Answer
Answer to
to Review
Review Question
Question
Before
Before you
you run
run the
the depreciation
program or
or the
the
has
has which
which one
one of
of the
the following
following statuses?
statuses?
1.
1. New
New
2.
2. Deleted
Deleted
3.
3. Pending
Pending
4.
4. Reinstate
Reinstate
5.
5. Processed
Processed

Chapter 1 - Page 27
Agenda
Agenda
Agenda
•• Overview
Overview of
of retiring
retiring assets
assets
•• Fully
Fully and
and partially
partially retiring
retiring assets
assets
•• Calculating
Calculating gains
gains and
and losses
losses
•• Correcting
retirement and
and reinstatement
errors
•• Retiring
Retiring and
and reinstating
group of
of assets
assets
•• Using
Using retirement
retirement reports
reports

Chapter 1 - Page 28
Calculating Gains and Losses
Calculating
Calculating Gains
Gains and
and Losses
Losses
Results
Results of of running
running the
the calculate
calculate gains
gains and
and losses
losses
program:
program:
•• Oracle
Oracle Assets
Assets calculates
calculates gains
gains and
and losses
losses
resulting
resulting from
from retirements.
retirements.
•• ItIt corrects
corrects the
the accumulated
depreciation for
for
reinstated
reinstated assets.
assets.
•• ItIt recaptures
recaptures the
the investment
investment tax
tax credit
credit calculated
calculated
for assets retired in a tax book.
for assets retired in a tax book.
Calculating Gains and Losses for Retirements

Chapter 1 - Page 29
Calculating Depreciation for the Period Retired
Calculating
Calculating Depreciation
Depreciation for
for the
the Period
Period
Retired
Retired
Factors
Factors that
that affect
affect the
the period
period depreciation
depreciation of
of
an asset retired:
an asset retired:
•• Effective
Effective date
date of
of the
the retirement
retirement
•• The
The Depreciate-in-Year-Retired
Depreciate-in-Year-Retired flag
flag
•• The
The retirement
retirement convention
convention
•• The
The Depreciate
Depreciate if
if Retired
Retired in
in First
First Year
Year flag
flag in
in the
the
Book Controls window
Book Controls window

Chapter 1 - Page 30
Calculating Depreciation for the Period Retired
Calculating
Calculating Depreciation
Depreciation for
for the
the Period
Period
Retired
Retired
•• Oracle
Oracle Assets
Assets calculates
calculates any
any depreciation
depreciation forfor aa
current
current period
period retirement
retirement and
and automatically
automatically backs
backs
out
out any
any excess
excess depreciation
depreciation resulting
resulting from
from aa prior
prior
period retirement.
period retirement.
•• Specify
Specify whether
whether to to take
take depreciation
depreciation inin the
the year
year
that you retire the asset for the depreciation
that you retire the asset for the depreciation
method
method (depreciate-in-year-retired
(depreciate-in-year-retired flag).
flag).

Chapter 1 - Page 31
Prorate Convention and Retirement Convention
Prorate
Prorate Convention
Convention and
and Retirement
Retirement
Convention
Convention
•• Oracle
Oracle Assets
Assets uses
uses the
the prorate
prorate convention
convention to to
determine
determine how
how much
much depreciation
depreciation to to take
take in
in the
the
first
first and last years of an asset’s life based on the
and last years of an asset’s life based on the
asset’s
asset’s date
date placed
placed in
in service.
service.
•• Oracle
Oracle Assets
Assets uses
uses the
the retirement
convention to to
determine
determine how
how much
much depreciation
depreciation to to take
take in
in the
the
year
year retired
retired based
based on
on the
the retirement
retirement date.
date.
•• In
In the
the United
United States,
States, the
the conventions
conventions are are usually
usually
the same.
the same.

Chapter 1 - Page 32
Recording Retirements and Reinstatements
Recording
Recording Retirements
Retirements and
and
Reinstatements
Reinstatements
Asset Type
Action Capitalized CIP* Expensed
1. Charges or reverses
depreciation for the year retired
2. Removes the asset cost and
accumulated depreciation from
the corresponding accounts
3. Clears the proceeds of sale and
the cost of removal
4. Recognizes gain or loss from
the retirement
5. Creates no journal entries
* Construction-in-Process

Chapter 1 - Page 33
Overview of Creating Retirement Journal Entries
Overview
Overview of
of Creating
Creating Retirement
Retirement Journal
Journal
Entries
Entries
Oracle
Oracle Assets
Assets creates
creates different
different journal
journal entries
entries for
for
each
each asset
asset type.
type.
•• For
For Capitalized
Capitalized Assets:
Assets:
–– Charges
Charges or or reverses
reverses depreciation
depreciation for
for the
the year
year
retired.
retired.
–– Removes
Removes the the asset
asset cost
cost and
and accumulated
accumulated
depreciation
depreciation from
from the
the corresponding
corresponding
accounts.
accounts.
–– Clears
Clears the
the proceeds
proceeds of of sale
sale and
and the
the cost
cost of
of
removal.
removal.
–– Recognizes
Recognizes gaingain or
or loss
loss from
from the
the retirement.
retirement.
®

Chapter 1 - Page 34
Overview of Creating Retirement Journal Entries
Overview
Overview of
of Creating
Creating Retirement
Retirement Journal
Journal
Entries
Entries
•• For
For Construction-in-Process
Construction-in-Process (CIP)
(CIP) Assets:
Assets:
–– Removes
Removes the
the asset
asset cost
cost from
from the
the CIP
CIP cost
cost
account.
account.
–– Clears
Clears the
the proceeds
proceeds ofof sale
sale and
and the
the cost
cost of
of
removal.
removal.
–– Recognizes
Recognizes gain
gain or
or loss
loss from
from the
the retirement.
retirement.
•• For
For Expensed
Expensed Items:
Items:
–– There
There are
are no
no journal
journal entries
entries for
for retirement.
retirement.

Chapter 1 - Page 35
Recording
Retirements
Calculating
Calculating the
the Gain
Gain or
or Loss
Loss from
from the
the Asset
Asset Sale
Sale
Gain/Loss =
Retired Retired
Sale
proceeds - Removal
cost - net
book value
+ revaluation
reserve
Full Retirement with Multiple Retirement Accounts

Dr. Accumulated Depreciation 2,750
Dr. Proceeds of Sale Clearing 2,000
Dr. *Cost of Removal Gain 500
Dr. *Net Book Value Retired Gain 1,000
Dr. *Revaluation Reserve Retired Gain 250
Cr. Asset Cost 4,000
Cr. *Proceeds of Sale Gain 2,000
Cr. Cost of Removal Clearing 500
Full Retirement with a Single Gain or Loss Account
Dr. Proceeds of Sale Clearing 2,000
Cr. Cost of Removal Clearing 500
Cr. *Gain or Loss 250
* Note the different components of the gain or loss amount.

Chapter 1 - Page 36
Recording a Retirement on Multiple Accounts
Recording
Recording aa Retirement
Retirement on
on Multiple
Multiple
Accounts
Accounts
Oracle
Oracle Assets
Assets creates
creates journal
journal entries
entries for
for each
each
component
component ofof the
the gain
gain or
or loss
loss amount.
amount.
Sale proceeds
Removal cost
Retired net book value
Retired revaluation reserve

Chapter 1 - Page 37
Recording
Retirement on
on Multiple
Multiple
Accounts
Accounts
You
You can
can create
create journal
journal entries
entries to
to multiple
multiple accounts
accounts
defined
defined for
for the
the book.
book.
Identifying
Identifying Separate
Separate Accounts
Accounts forfor Each
Each Component
Component
of Gain or Loss:
of Gain or Loss:
•• Proceeds
Proceeds of of sale
sale
•• Cost
Cost of
of removal
removal
•• Net
Net book
book value
value retired
retired
•• Revaluation
Revaluation reserve
reserve retired
retired

Chapter 1 - Page 38
Recording
Retirement on
on Multiple
Multiple
Accounts
Accounts
Separate
Separate Account
Account Sets
Sets forfor Gains
Gains andand Losses
Losses
•• IfIf the
the retirement
retirement results
results in in aa gain,
gain, Oracle
Oracle Assets
Assets
creates journal entries to the gain
creates journal entries to the gain accounts. accounts.
•• IfIf the
the retirement
retirement results
results in in aa loss,
loss, Oracle
Oracle Assets
Assets
creates
creates journal
journal entries
entries to to the
the loss
loss accounts.
accounts.
•• To
To use use aa single
single gain
gain or or loss
loss account,
account, enter
enter the
the
same
same account
account for
for each
each of of the
the gain
gain and
and loss
loss
accounts.
accounts.
–– The
The net
net effect
effect is
is aa single
single gain
gain or
or loss
loss journal
journal
entry.
entry.

Chapter 1 - Page 39
Recording Retirement Journal Entries
Recording
Recording Retirement
Retirement Journal
Journal Entries
Entries
Scenario:
Scenario:
•• You
You place
place anan asset
asset costing
costing $4,000
$4,000 inin service.
service.
•• The
The depreciation
depreciation method
method is is straight-line,
straight-line, with
with aa
four-year life.
four-year life.
•• In
In Year
Year 3,
3, Quarter
Quarter 3, 3, you
you sell
sell the
the asset
asset for
for $2,000.
$2,000.
The
The removal
removal cost
cost isis $500.
$500.
•• The
The asset
asset uses
uses aa retirement
convention and and
depreciation
depreciation method
method thatthat allows
allows youyou to
to take
take
depreciation
depreciation in in the
the period
period ofof retirement.
retirement.
•• Use a single gain or
Use a single gain or loss.loss.
Journal Entries Created by Oracle Assets

Dr. Depreciation Expense 250
Dr. Proceeds of Sale (clearing account) 2,000
Cr. Removal Cost (clearing account) 500
Cr. Gain or Loss 250
Journal Entries Created by Oracle Receivables
Dr. Accounts Receivable 2,000
Cr. Proceeds of Sale (clearing account) 2,000
Journal Entries Created by Oracle Payables
Dr. Removal Cost (clearing account) 500
Cr. Accounts Payable 500
Note: A single gain or loss account was used in this example.

Chapter 1 - Page 40
Review Question
Review
Review Question
Question
For
For expensed
expensed items,
items, Oracle
Oracle Assets
Assets creates
creates retirement
retirement
journal entries that removes the cost
journal entries that removes the cost andand
accumulated
depreciation from
from the
the corresponding
corresponding
accounts.
accounts.
1.
1. True
True
2.
2. False
False

Chapter 1 - Page 41
Answer
Answer to
to Review
Review Question
Question
For
For expensed
expensed items,
items, Oracle
Oracle Assets
Assets creates
creates retirement
retirement
journal entries that removes the cost
journal entries that removes the cost andand
accumulated
depreciation from
from the
the corresponding
corresponding
accounts.
accounts.
1.
1. True
True
2.
2. False
False

Chapter 1 - Page 42
Practice 1 Overview
Practice
Practice 11 Overview
Overview
This
This practice
practice covers
covers the
the following:
following:
•• Partially
Partially retiring
retiring an
an asset
asset by
by units
units
•• Removing
Removing the
the assigned
assigned units
units from
from the
the employee
employee

Chapter 1 - Page 43
Practice 1 Instructions with Solution
Practice
Practice 11 Instructions
Instructions
with
with Solution
Solution
In
In this
this practice,
practice, you
you will
will retire
retire half
half of
of an
an asset’s
asset’s units
units
and
and remove
remove itit from
from the
the assigned
assigned employee.
employee. Note
Note the
the
change in the total cost of the partially retired asset.
change in the total cost of the partially retired asset.
• Navigate to the Asset Workbench and find the asset number given to you by
the instructor.
• Navigate to the Retirements window.
• Enter OPS CORP in the Book field.
• Accept the default Retire Date.
• Retire 1 of the 2 units for this asset.
• Use Sale as the Retirement Type with Proceeds of Sale of $5,000.
• Remove a unit assigned to one of the employees.
• Save your work.
Practice 1 Solutions
1. Navigate to the Asset Workbench.
(N) Assets >Asset Workbench
2. Find the asset number given to you by the instructor.
3. In the Assets window, click Retirements.
4. Enter OPS CORP in the Book field.
5. Accept the default Retire Date.
6. Retire 1 of the 2 units for this asset.
7. Use Sale as the Retirement Type with Proceeds of Sale of $5,000.

Chapter 1 - Page 44
8. Click on the Continue button and remove a unit assigned to one of the
employees.
9. Save your work by selecting the Done button.

Chapter 1 - Page 45
Demonstration
Demonstration
Demonstration
This
This demonstration
covers how
how to
to process
process
retirements
retirements by
by running
running the
the Calculate
Calculate Gains
Gains and
and
Losses program.
Losses program.
(N)
(N) Assets
Assets >> Depreciation
Depreciation >> Calculate
Calculate Gains
Gains and
and
Losses
Losses

Chapter 1 - Page 46
Agenda
Agenda
Agenda
•• Overview
Overview of
of retiring
retiring assets
assets
•• Fully
Fully and
and partially
partially retiring
retiring assets
assets
•• Calculating
Calculating gains
gains and
and losses
losses
•• Correcting
retirement and
and reinstatement
errors
•• Retiring
Retiring and
and reinstating
group of
of assets
assets
•• Using
Using retirement
retirement reports
reports

Chapter 1 - Page 47
Correcting Retirement and Reinstatement Errors
Correcting
Correcting Retirement
Retirement and
and Reinstatement
Reinstatement
Errors
Errors
You
You can
can undo
undo asset
asset retirement
retirement transactions,
transactions, and
and
Oracle
Oracle Assets
Assets creates
creates all
all the
the necessary
necessary journal
journal
entries
entries for
for your
your general
general ledger
ledger to
to catch
catch up
up any
any
missed depreciation expense.
missed depreciation expense.
Correcting Retirements Errors (Reinstatements)

Chapter 1 - Page 48
Reinstating Retired Assets
Reinstating
Reinstating Retired
Retired Assets
Assets
Oracle
Oracle Assets
Assets makes
makes itit easy
easy to
to reinstate
reinstate formerly
formerly
retired
retired assets.
assets.
Retirement Option to
Status Choose Result
Pending Undo Retirement Deletes the retirement
transaction
Processed Reinstate Creates the reinstatement
transaction, and reverses
the retirement entry
Reinstatement Undo Reverses the
Error Reinstatement reinstatement entry

Chapter 1 - Page 49
Reinstating Assets Using the Retirement Status
Reinstating
Reinstating Assets
Assets Using
Using the
the Retirement
Retirement
Status
Status
The
The effect
effect of
of your
your reinstatement
reinstatement depends
depends on
on the
the
status
status of
of the
the retirement.
retirement.
Reinstating
Reinstating with
with aa PENDING
PENDING Status:
Status:
•• Choose
Choose Undo
Undo Retirement
Retirement toto delete
delete the
the retirement
retirement
transaction.
transaction.
•• No
No journal
journal entries
entries are
are created,
created, and
and there
there is
is no
no
audit
audit trail.
trail.

Chapter 1 - Page 50
Reinstating Assets Using the Retirement Status
Reinstating
Reinstating Assets
Assets Using
Using the
the Retirement
Retirement
Status
Status
Reinstating
Reinstating with
with aa PROCESSED
PROCESSED Status:
Status:
•• Choose
Choose Reinstate
Reinstate toto create
create the
the reinstatement
reinstatement
transaction.
transaction.
•• When
When you
you run
run the
the Calculate
Calculate Gains
Gains and
and Losses
Losses
program,
program, Oracle
Oracle Assets
Assets creates
creates journal
journal entries
entries to
to
reverse
reverse the
the effects
effects of
of the
the retirement.
retirement.
Correcting
Correcting aa Reinstatement
Reinstatement Error:
Error:
•• IfIf you
you made
made aa mistake
mistake reinstating
reinstating aa retired
retired asset,
asset,
you
you can query the reinstatement by using
can query the reinstatement by using the
the
original
original retirement
retirement number.
number.
•• Choose
Choose UndoUndo Reinstatement.
Reinstatement.
®

Chapter 1 - Page 51
Recording Prior Period Reinstatement Entries
Recording
Recording Prior
Prior Period
Period Reinstatement
Reinstatement
Entries
Entries
Scenario
• In Year 2, Quarter 1, you retired a $4,000 asset.
• The asset had a four-year life and used the
straight-line depreciation method.
• In Year 2, Quarter 3, you reinstate the asset.
Entry to Reinstate the Asset and Calculate Depreciation
Asset Cost 4,000
Depreciation Expense 250
Depreciation Expense (adjustment) 250
Accumulated Depreciation 1,750
Gain or Loss 2,750
®

Chapter 1 - Page 52
Demonstration
Demonstration
Demonstration
This
This demonstration
covers how
how to
to correct
correct retirement
retirement
and
and reinstatement
reinstatement errors.
errors.
(N)
(N) Assets
Assets >> Asset
Asset Workbench
Workbench (B)
(B) Retirements
Retirements

Chapter 1 - Page 53
Practice 2 Overview
Practice
Practice 22 Overview
Overview
This
This practice
practice covers
covers the
the following:
following:
•• Reinstating
Reinstating aa partially
partially retired
retired asset
asset
•• Viewing
Viewing the
the status
status of
of the
the reinstatement
reinstatement
•• Determining
Determining the
the journal
journal entry
entry for
for the
the reinstatement
reinstatement

Chapter 1 - Page 54
Practice 2 Instructions with Solution
Practice
Instructions
with
with Solution
Solution
You
You realize
realize that
that you
you retired
retired units
units from
from the
the wrong
wrong
asset
asset in
in Practice
Practice 1.
1.
Step 1: Reinstate the Partially Retired Unit
• Navigate to the Transaction History window and find the Reference Number
for the Partial Retirement for your asset from Practice 1.
• Navigate to the Asset Workbench and find the asset number that you just
retired.
• Navigate to the Retirements window.
• Query the Reference Number for the Partial Retirement.
• Reinstate the retirement.
•What is the status of the transaction? ___________________.
Step 2: The Resulting Journal Entries
What are the resulting journal entries for the reinstatement if you have a single
gain or loss account? You need not include current period depreciation.
__________________________________________
__________________________________________
__________________________________________
Practice 2 Solutions
Step 1: Reinstate the Partially Retired Unit
1. Navigate to the Transaction History window.
(N) Assets > Inquiry > Transaction History

Chapter 1 - Page 55
2. Enter OPS CORP for the book and the asset number from Practice 1.
3. Click Find.
4. Put your cursor on the PARTIAL RETIREMENT Transaction Type line.
5. Write down the Reference Number ____________.
6. Navigate to the Asset Workbench.
(N) Assets > Asset Workbench
7. In the Asset Workbench window, find the asset that you want to reinstate.
8. Click Retirements.
9. Find the Retirement transaction that you want to undo by querying on the
retirement reference number.
10. Click Reinstate.
The status of the transaction is REINSTATE, since the retirement is processed.
If it was still pending, the retirement is deleted and Oracle Assets would not
create any journal entry.
Step 2: The Resulting Journal Entries
Asset cost 10,000
Depreciation expense 2,500
Accumulated Depreciation 2,500
Gain/Loss 10,000

Chapter 1 - Page 56
Review Question
Review
Review Question
Question
IfIf the
the status
status of
of the
the retirement
retirement is
is Processed,
Processed, when
when you
you
reinstate the asset, the system creates
reinstate the asset, the system creates the the
reinstatement
reinstatement transaction
transaction and
and reverses
reverses the
the retirement
retirement
entry.
entry.
1.
1. True
True
2.
2. False
False

Chapter 1 - Page 57
Answer
Answer to
to Review
Review Question
Question
IfIf the
the status
status of
of the
the retirement
retirement is
is Processed,
Processed, when
when you
you
reinstate the asset, the system creates
reinstate the asset, the system creates the the
reinstatement
reinstatement transaction
transaction and
and reverses
reverses the
the retirement
retirement
entry.
entry.
1.
1. True
True
2.
2. False
False

Chapter 1 - Page 58
Agenda
Agenda
Agenda
•• Overview
Overview of
of retiring
retiring assets
assets
•• Fully
Fully and
and partially
partially retiring
retiring assets
assets
•• Calculating
Calculating gains
gains and
and losses
losses
•• Correcting
retirement and
and reinstatement
errors
•• Retiring
Retiring and
and reinstating
group of
of assets
assets
•• Using
Using retirement
retirement reports
reports

Chapter 1 - Page 59
Retiring a Group of Assets
Retiring
Retiring aa Group
Group of
of Assets
Assets
•• Use
Use the
the Mass
Mass Retirements
Retirements window
window to to retire
retire aa
group
group of
of assets
assets at
at one
one time.
time.
•• You
You specify
specify selection
selection criteria,
criteria, including
including asset
asset
category, asset key, location, depreciation
category, asset key, location, depreciation
expense
expense account
account segments,
segments, employee,
employee, asset
asset
number
number range,
range, and
and date
date placed
placed inin service
service range,
range, to
to
select
select the
the assets
assets you
you want
want to
to retire.
retire.
•• You
You can
can also
also elect
elect to
to automatically
automatically retire
retire
subcomponents
subcomponents along with the parent asset.
along with the parent asset.
•• You can reinstate a mass retirement transaction.
You can reinstate a mass retirement transaction.
Retiring Assets
Correcting Retirement Errors (Reinstatements)

Chapter 1 - Page 60
Demonstration
Demonstration
Demonstration
This
This demonstration
covers how
how to:
to:
•• Retire
Retire aa group
group of
of assets
assets
•• Reinstate
Reinstate aa mass
mass retirement
retirement transaction
transaction
(N)
(N) Mass
Mass Transactions
Transactions >> Retirements
Retirements

Chapter 1 - Page 61
Agenda
Agenda
Agenda
•• Overview
Overview of
of retiring
retiring assets
assets
•• Fully
Fully and
and partially
partially retiring
retiring assets
assets
•• Calculating
Calculating gains
gains and
and losses
losses
•• Correcting
retirement and
and reinstatement
errors
•• Retiring
Retiring and
and reinstating
group of
of assets
assets
•• Using
Using retirement
retirement reports
reports

Chapter 1 - Page 62
Retirement Reports
Retirement
Retirement Reports
Reports
Report Name Description

Form 4684: Casualties Shows the asset retirements with
and Thefts Report the retirement type that you request
Retired Assets Without Shows the retired assets without
Property Class Report a 1245 or 1250 property class
Retired Assets Without Shows retired assets without

Retirement Types assigned types
Report
Asset Retirements by Shows the asset retirements for

Cost Center each cost center for the book and
period that you select with an
asterisk (*) next to reinstated assets

Chapter 1 - Page 63
Retirement Reports
Retirement
Retirement Reports
Reports
Asset Retirements Shows the assets that you retired

Report for the Book and accounting period
range that you select
Asset Disposals Shows the assets that you removed

Responsibility Report from the cost centers through
retirements and transfers, and the
location of each unit
Reinstated Assets Shows reinstatement for the Book

Report and From/To period range
Tax Retirement Report Shows gain or loss and any ITC

recapture for asset retirements

Chapter 1 - Page 64
Retirement Reports
Retirement
Retirement Reports
Reports
Mass Retirements Reviews the mass retirement effect

before you process it
Mass Retirements Identifies exception assets not
Exception Report retired as part of the mass
retirement program
Retirements Report Reviews the assets retired for the

book and accounting period range
selected

Chapter 1 - Page 65
Review Question
Review
Review Question
Question
Which
Which one
one of
of the
the following
following reports
reports shows
shows the
the asset
asset
retirements with the retirement type that you
retirements with the retirement type that you
request?
request?
1.
1. Tax
Tax Retirement
Retirement Report
Report
2.
2. Assets
Assets Retirements
Retirements Report
Report
3.
3. Asset
Asset Retirements
Retirements by
by Cost
Cost Center
Center
4.
4. Asset Disposals Responsibility Report
Asset Disposals Responsibility Report
5.
5. Form
Form 4684:
4684: Casualties
Casualties and
and Thefts
Thefts Report
Report

Chapter 1 - Page 66
Answer
Answer to
to Review
Review Question
Question
Which
Which one
one of
of the
the following
following reports
reports shows
shows the
the asset
asset
retirements with the retirement type that you request?
retirements with the retirement type that you request?
1.
1. Tax
Tax Retirement
Retirement Report
Report
2.
2. Assets
Assets Retirements
Retirements Report
Report
3.
3. Asset
Asset Retirements
Retirements by
by Cost
Cost Center
Center
4.
4. Asset
Asset Disposals
Disposals Responsibility
Responsibility Report
Report
5.
5. Form
Form 4684:
4684: Casualties
Casualties and
and Thefts
Thefts Report
Report

Chapter 1 - Page 67
Summary
Summary
Summary
In
In this
this lesson,
lesson, you
you should
should have
have learned
learned how
how to:
to:
•• Describe
Describe the
the asset
asset retirement
retirement process
process
•• Demonstrate
Demonstrate howhow toto fully
fully and
and partially
partially retire
retire
assets
assets
•• Describe
Describe how
how toto calculate
calculate gains
gains and
and losses
losses
•• Demonstrate
Demonstrate howhow toto correct
correct retirement
retirement and
and
•• Explain
Explain how
how to
to retire
retire and
and reinstate
reinstate aa group
group ofof
assets
assets
•• Describe
Describe the
the retirement
retirement reports
reports

Chapter 1 - Page 68

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R11i Manage Asset

Restricted Rights Legend

Technical Contributors and Reviewers

John Hays, Melanie Heisler, Gladys Leung, Steve Paradisis

This book was published using:

R11i Manage Asset Retirements...........................................................................................1-1

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R11i Manage Asset Retirements Table of Contents

R11i Manage Asset Retirements Table of Contents

• An understanding of the basic accounting concepts

• Thorough knowledge of the fixed asset management functions

• Working experience with accounting and maintaining assets

• R11i Overview of the Asset Management Process

How This Course Is Organized

R11i Manage Asset Retirements is an instructor-led course featuring lecture and

Copyright © Oracle Corporation, 2000. All rights reserved.

R11i Manage Asset Retirements Table of Contents

Title Part Number

Oracle Assets User Guide A81359-01

Oracle Assets Technical Reference Manual A81200-01

• System release bulletins

• Installation and user’s guides

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Convention Element Example

Caps and Buttons, Click the Executable button.

Courier new, Code output, Code output: debug.set (‘I”, 300);

Initial cap Graphics labels Customer address (but Oracle Payables)

Italic Emphasized words Do not save changes to the database.

Uppercase SQL column Use the SELECT command to view

Convention Element Example

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Commas Key sequences Press and release keys one at a time:

Typographic Conventions in Code

Convention Element Example

Passwords DROP USER scott

Lowercase Syntax variables CREATE ROLE role

Typographic Conventions in Navigation Paths

This simplified path translates to the following:

2. (M) From the menu, select Query > Find.

3. (B) Click the Approve button.

R11i Manage Asset Retirements Table of Contents

Typographical Conventions in Help System Paths

The following help navigation path, for example—

(Help) General Ledger > Journals > Enter Journals

—represents the following sequence of actions:

2. Under the General Ledger entry, expand Journals.

3. Under Journals, select Enter Journals.

To display help for a current window:

A web browser window appears, containing search and navigation frames on

The document frame provides information on the window containing the

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Searching for Help

A list of titles, ranked by relevance and linked to the documents in question, is

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Copyright © Oracle Corporation, 2000. All rights reserved.

R11i Manage Asset Retirements