Depreciation Incorrect for Straight Line (STL) Assets Added in Last Period of Fiscal Year (Doc ID 1019317.102)

Last updated on SEPTEMBER 23, 2016

Applies to:

Oracle Assets - Version 11.5.10.0 and later
Information in this document applies to any platform.
STL

Symptoms

When you run depreciation for the final period of the fiscal year, the depreciation calculations as shown in the Journal Entry Reserve Report (FAS400) are showing a difference of a penny compared to the depreciation values you were expecting.  You are using the Straight Line Method of Depreciation and your calendar is set up for 12 periods in a fiscal year.

Cause

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