My Oracle Support Banner

Mass Revaluation with Rate 100% Is Not Revaluing Cost and Depreciation to $0 (Doc ID 1280802.1)

Last updated on JANUARY 31, 2023

Applies to:

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

Symptoms


Find when running Mass Revaluation the accounting entries are not getting created. On the preview report you can see that the Original Cost equals the Revalued Cost even though the rate given is -100% for the asset.

EXPECTED BEHAVIOR
-----------------------
Expect -100% rate to adjust COST and DEPRN to $0.

Cause

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
Symptoms
Cause
Solution
References


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