THE PURPOSE OF THIS DOCUMENT IS TO PROVIDE A QUICK LEARNING GUIDE of the retirement process in Oracle Assets as well as a problem troubleshooting checklist. The retirement transaction is one of the most frequently used transaction types in Oracle Assets. Our support experience shows us that an improper retirement operation could cause potential massive data corruption. We will document how to avoid this situation. There are numerous retirement reports. We will attempt to document all of the important reports to give you the whole picture from initiating the transaction to running the retirement process to reporting.