Mass Revaluation Errors Saying Depreciation Has Been Processed For The Current Period, For Assets Already Having An Impairment In the Current Period. (Doc ID 1097103.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Assets - Version 11.5.10.2 and later
Information in this document applies to any platform.
FAVRVL - Mass Revaluation Program

***Checked for relevance 21-Dec-2013***


Symptoms

When attempting to run the Mass Revaluation Program, the following error occurs in the log file:-

ERROR
-----------------------
Depreciation has been processed for this asset for the current period in book <BOOK NAME>.
Please rollback depreciation or close the current period to perform this transaction.
Asset Number : nn ==> ** FAILED **

This is happening for assets already having an impairment transaction in the current period.
The error appears even if depreciation has never been run for the current period, or has been run and subsequently rolled back.

Cause

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