YTD Remains after Retirement Using Date Placed in Service as Retire Date (Doc ID 2950255.1)

Last updated on SEPTEMBER 13, 2023

Applies to:

Symptoms

YTD Depreciation present on asset after retirement done using Date Placed In Service (DPIS) as Retire Date.

Asset has Prorate Date = DPIS and this same date is used as Retirement Date.

The issue can be reproduced at will with the following steps:
1. Navigate Fixed Assets>Retire Assets
2 Search for Asset to retire and complete retirement using Retire Date = DPIS
3. Find after, retirement catchup was taken for 1 day even though retire date = DPIS
Thus, the asset has YTD Depreciation balance

Cause

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