Incorrect NBV & Gain/Loss For Asset After Retirement In TAX BOOK
(Doc ID 2610257.1)
Last updated on MARCH 03, 2023
Applies to:
Oracle Fusion Assets Cloud Service - Version 11.13.19.01.0 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Client has performed a bulk retirement of assets in the TAX BOOK. After the retirement, it has been noticed that the NBV is showing upto 10 times the Cost & it is with Negative Sign. Also, the gain/loss for the asset is showing up incorrectly.
Consider the Asset # 25628, the cost is 44,895.44 & the unit was retired. But after the retirement, the NBV is showing up as -448954.4 i.e. -10 times the cost of asset. Hence it is affecting the Report for Asset Retirement for the gain & loss as well.
EXPECTED BEHAVIOR
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Asset should be retired with correct gain and loss
STEPS
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The issue can be reproduced at will with the following steps:
1. retire asset via ADFDI
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot close the books.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |