E1: 12: User Defined Depreciation (R12855) Incorrectly Calculates Depreciation Amount when Processing Option 8 “Inception to Date Correction Processing” = 1. (Doc ID 2963017.1)

Last updated on JULY 21, 2023

Applies to:

Symptoms

User Defined Depreciation (R12855) incorrectly calculates the depreciation amount (overstated) when processing Option 8 Inception to Date Correction Processing = 1 for data originally created in release 9.1.

Steps to Duplicate:

Release 9.1:

1. Depreciation Formula (P12853):

• Depreciation: 103=(10/03)*49
• Basis: 501=01-07 

2. Depreciation Rules (P12851):

• Depreciation Method: 01
• Initial Term of Apportionment = First Day of First Month
• Computation Direction = I
• Life Months = 24 

3. Depreciation Default Coding (P12002): Cost Object attached to Life Rule set up in step 2. 

4. Asset Master (P1204): Create an asset. 

5. User Defined Depreciation (R12855): The Asset has been depreciation correctly for prior years and current year up to April 2023, with several months of the Asset Life remaining.

 Upgrade to 9.2: 

6. Run Depreciation for May 2023. Processing Option 8 Inception to Date Correction Processing = 1. The depreciation amount is calculated incorrectly.

Changes

 Upgrade from EnterpriseOne release 9.1 to 9.2.

Cause

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