E1: 12: Asset Disposal (P12105) Creates Redundant JEs Pertaining to NBV - Disposal Account for a Fully Depreciated Asset (Doc ID 2120569.1)

Last updated on JULY 27, 2016

Applies to:

JD Edwards EnterpriseOne Fixed Assets - Version 9.0 and later
Information in this document applies to any platform.

Symptoms

 Per the current design, during the Asset Disposal process, system will always create a debit and credit against the NBV - Disposal (CHCD - 7) account as setup in the Disposal Account Rules (P12141). Further, the entries against the NBV - Disposal account will be dependent upon the amount of asset depreciated till the time of disposal. If the asset has been fully depreciated, the amount will be exactly the same.

In majority of the scenarios, the assets are fully depreciated when disposed, hence a journal entry will always be created with debit and credit offset with the same amount for the NBV - Disposal account which is redundant in this case.

Cause

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