can asset be retired in same month of creation?

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can asset be retired in same month of creation?..

Answer / ravi dogga

•You can only retire assets that were added in previous periods and are effective in the current fiscal year.
•You cannot retire an asset that you added in the current period. Therefore it is advisable that you must enter your retirement as a prior period retirement after you run depreciation. [[This is 11i Functionality

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can asset be retired in same month of creation?..

Answer / thabassum neha

Yes

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can asset be retired in same month of creation?..

Answer / saiyid maududi

Yes, In R12 release you can retire same period.

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