My Oracle Support Banner

Why Is There No Journal Entry Created for Entered Accumulated Depreciation / Reserve at Addition? (Doc ID 1278920.1)

Last updated on FEBRUARY 01, 2024

Applies to:

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


A backdated asset was created with reserve entered at addition (reserve primed by user).  There is no journal entry created for the reserve.  Why is no journal entry created for the entered accumulated depreciation?


a.  Back-dated is when the DPIS (date placed in service) is any date prior to the current open period

b.  Reminder that primed values (YTD and Reserve) are not validated.  What user keys is accepted regardless of accuracy as it is assumed to be the current GL balance.


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.