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Wrong Expense Calculated for Amortized Assets Added with Depreciation Flag = 'NO' But Later Updated to 'YES' in Period of Addition (Doc ID 2550261.1)

Last updated on MARCH 09, 2022

Applies to:

Oracle Fusion Assets Cloud Service - Version and later
Information in this document applies to any platform.


Incorrect depreciation expense calculated amortized asset added with YTD/Depreciation Reserve and DEPRECIATE flag as 'NO', but later adjusted to 'YES' in period of addition.

The system calculated the expense using NBV / total life instead of NBV over remaining life.


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