FA Clearing Account

I am working on an implementation of Oracle Fixed Assets in Geneva. I have a problem with the use of the clearing account in Oracle which is quite different from the functionning of PeopleSoft's AM module.

It says that for manual additions, Oracle Assets gets the clearing account from the category, and for mass additions, the clearing account comes from your source system.

The accounting plan of the organisation I am working for would like to use always the account for both manual and mass additions which is indicated in category account setup, regardless of the account which has been used in Accounts Payables.

Actually our organisation wants to use two distinct accounts which means that the debit in AP has to go on the expense account and the credit on a different (the clearing) account. This is to allow asset creations all through the year without offsetting the expense account on which we like to control annual investment budgets.

Is this possible? Received on Mon Mar 11 2002 - 01:38:07 CST