R12 Depreciation (FADEPR) Calculates Incorrect Depreciation Expense for Backdated Retirement with Daily Allocation and Daily Prorate Convention

(Doc ID 1109954.1)

Last updated on FEBRUARY 27, 2018

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


Symptoms

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

Cause

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