Low Value Asset Check Box For Source Line Cannot Be Updated After Capitalization Threshold Is Validated
(Doc ID 2748138.1)
Last updated on MARCH 12, 2021
Applies to:Oracle Fusion Assets Cloud Service - Version 184.108.40.206.0 and later
Information in this document applies to any platform.
The 'Low value asset' check box cannot be updated once capitalization threshold is validated.
This is contrary to what is stated in the documentation:
White Paper: Asset Capitalization Threshold (Doc ID 2411399.1)
If threshold validation identifies an asset addition line as low value asset, it will enable the low value asset checkbox in financial details tab in Edit Source Line page
and default low value depreciation method and prorate convention from the category default rules. You are free to update the check box and defaulted method
and convention but threshold validation will not happen again for this line.
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