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 JUNE 03, 2019
Applies to:Oracle Fusion Assets Cloud Service - Version 11.13.19.01.0 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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