Inquire on asset retirement obligation-related transactions (Japan)
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For Japan, transactions and amounts of asset retirement obligations (ARO) need to be reported separately from the underlying fixed assets.
Use this task to learn how to view the ARO-specific amounts and transactions.
In order to complete this task, the Fixed Assets configuration key must be selected.
This task uses the JPMF demo company data.
View ARO transaction
- Go to Fixed assets > Asset retirement obligations > Asset retirement obligation transaction inquiry.
- ARO-related transactions are categorized into types for summarization.
- Click to follow the link in the Fixed asset number field.
- You also can find the fixed asset number and open it from the Fixed assets page.
- On the Action Pane, click Fixed asset.
- Click Asset retirement obligation.
- Click Explore.
- The tabs display the Planned amount, Posted (actual) amount and Difference respectively.
- Expand or collapse the Posted amount section.
- Expand or collapse the Difference section.