You can disable a group asset on the Books window of the Asset Workbench by checking the Disable check box on the Depreciation tabbed region of the Books window. Disabling a group asset for one book, does not affect its status in another book. For example, if you disable a group asset in the corporate book, this will not affect its enabled status in the tax book.
Before you can disable a group asset, all of its member assets must be fully retired or removed from the group asset via group reclassification. Also, the cost of a group asset must be zero before it can be disabled.
You can re-enable a disabled group asset at any time.
You can view disabled group assets on the View Financial Information window and the Asset Workbench by selecting the Show Disabled Groups check box on the Find Assets window.
You need to consider the following restrictions when disabling group assets:
You cannot perform any adjustment transactions on a disabled group asset and its member assets in the book in which the group has been disabled.
No depreciation will be calculated for disabled group assets.
You cannot add member assets to disabled group assets.
Disabled group assets are excluded from the group asset list of values on the Asset Workbench, Mass Additions, Mass Change, and Mass Reclassifications windows.
If you try to add an asset to a category in which a disabled group asset is set as the default group asset on the Default Depreciation Rules window on the Categories form, you need to first manually remove the category default. Otherwise, you will receive an error when trying to add an asset via the Asset Workbench or Mass Additions window.
Choose Asset:Asset Workbench from the Navigator window.
Find the group asset you want to disable.
Choose Books to open the Books window.
In the Book field, enter the book in which you want to disable the group asset.
Check the Disable check box on the Depreciation tabbed region to disable this group asset.
Choose Done to save this transaction.
You can re-enable a disabled group asset at any time. After you re-enable a group asset, all functional restrictions are restored. The group asset can be displayed on the Asset Workbench, Mass Additions and Mass Transactions forms. Oracle Assets calculates depreciation for the group asset going forward and you can perform transactions on the group asset and its member assets. You can also set the re-enabled group asset as the default group asset on the Default Depreciation Rules window on the Categories form.
Choose Asset:Asset Workbench from the Navigator window.
Find the group asset you want to re-enable.
Choose Books to open the Books window.
In the Book field, enter the Book in which you want to re-enable the group asset.
Uncheck the Disable check box in the Depreciation tabbed region to re-enable this group asset.
Choose Done to save this transaction.