Impairments Not Reflected On Rxi Fixed Assets Book Report (Doc ID 1296824.1)

Last updated on JULY 18, 2016

Applies to:

Oracle Assets - Version 12.0.6 and later
Information in this document applies to any platform.

Symptoms


The RXI Fixed Assets Book report does not show the true NBV of an asset after an impairment has occurred and has been posted.

 Example:

NBV = Cost - Salvage Value - Depreciation Reserve - Accumulated Impairment

NBV = 150,000 - 0 - 100,000 - 20,000
      = 30,000

Asset Workbench and impairment report show correct NBV of 30,000 .

However, RXI Fixed Assets Book shows NBV as Cost - Salvage Value - Depreciation Reserve:
150,000 - 0 - 100,000 = 50,000 (it does not include the impairment amount of 20,000).

This is a reporting issue.

Cause

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