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Cost Adjustment Created Incorrect Depreciation Expense For The Reporting Book (Doc ID 2894404.1)

Last updated on SEPTEMBER 14, 2022

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.13.22.04.0 and later
Information in this document applies to any platform.

Symptoms

Cost adjustment to an asset with corp book in foreign currency and tax book in USD, cause an incorrect catch-up depreciation expense for the tax book.

The issue can be reproduced at will with the following steps:

1. Create asset Mar-21 back dated to Jan-21
2. Click Upload button twice
3. Use Mass Additions FBDI to upload cost adjustment of -$50,000 in May-22 backdated to Jan-21 (user found this produced incorrect results)
4. Use Mass Additions FBDI to upload cost adjustment of $50,000 in May-22 backdated to Jan-21 (user tried to reverse prior adjustment but results are still incorrect)

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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