Question

How to open a period in oracle fixed assets r12?

Answer 1

One can open a period in an oracle fixed asset by determining the book control forms.

• Navigate to Setup.

• Click on the asset system.

• Click on book controls.

• Search the book in question.

• Enter the value in the current period field, this is the open period.

Also see:

• Difference Between Assets and Liabilities
• What Are Current Assets?