India Reduction Rate not Taken for Group Asset Reporting Currency
(Doc ID 2859844.1)
Last updated on APRIL 13, 2022
Applies to:
Oracle Fusion Assets Cloud Service - Version 11.13.21.10.0 and laterInformation in this document applies to any platform.
Symptoms
Group Asset with India Reduction Rate find the Reporting Currency for FA_MC_Depreciation has not taken the rate for application. Primary Ledger does.
STEPS TO REPRODUCE
==================
1. Added Group Asset
Using a method which has year end basis with half year rule
&
Group Tab has set:
Reduction Rate: 50
Addition: Yes
Financial Transaction: Select Yes
2. Added Member Asset and assign it to the Group at #1
3. Run Depreciation and validate values in FA_DEPRN_SUMMARY and FA_MC_DEPRN_SUMMARY
Find FA_DEPRN_SUMMARY is accurately apply reduction rate but this is not applied to FA_MC_DEPRN_SUMMARY
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |