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Impairment Reversal - Calculation (Doc ID 3008274.1)

Last updated on MARCH 04, 2024

Applies to:

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


Users are facing issue with Impairment Reversal Calculation. The system is allowing to reverse more than what is expected.

As per the oracle link:
"After reversal, the carrying amount of an asset should not exceed the lower of:
- Estimated recoverable cost
- Carrying cost that would have been determined (net of amortization or depreciation) had no impairment loss been recognized for the asset in prior accounting periods"

However, in the system, the carrying amount is exceeding the above criteria.


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