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Cannot Retire Amortized Assets with Prorate Date Which Is Beginning Date of Fiscal Year (Doc ID 2707438.1)

Last updated on SEPTEMBER 10, 2020

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.13.20.04.0 and later
Information in this document applies to any platform.

Symptoms

User cannot retire the amortized assets with Prorate Date which is Beginning Date of Fiscal Year.

Steps to reproduce
FY period : Apr - Mar

  1. Add Assets @MAR-20
  2. Add Amortized Adjustment @AUG-21
     Amortize                : Checked
     Amortization Start Date : 26/08/20
     Add Cash Generating Unit.
  3. Try to retire the amortized assets with Prorate Date which is Beginning Date of Fiscal Year.
     Retire Date : 26/08/20
     Retirement Convention : Prorate Convention for Beginning Date of FY
      --> In this case, Prorate Date is 01-APR-2020.

     The following error occurs.
     Error:
     A full retirement can't be overlapped to prior transactions. Change the retirement date.

Cause

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In this Document
Symptoms
Cause
Solution
References


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