R12 Depreciation (FADEPR) Calculates Incorrect Depreciation Expense for Backdated Retirement with Daily Allocation and Daily Prorate Convention
Last updated on MARCH 24, 2016
Applies to:Oracle Assets - Version 12.0.6 to 12.1.3 [Release 12 to 12.1]
Information in this document applies to any platform.
FADEPR - Depreciation Program
Incorrect Depreciation expense calculated for backdated retirement with daily prorate.
Steps to Reproduce
1) Set up a book with 365 Daily Prorate Calendar
2) Add an asset and run deprn for few periods
3) Now perform Backdated retirement with Retired Date set to the mid of a previous period
4) See the system calculates incorrect negative amount reversing full month depreciation
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms