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 laterInformation 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
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Expect -100% rate to adjust COST and DEPRN to $0.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |