ER- Allow Reinstatement of Prior Retirements (Doc ID 1553588.1)

Last updated on JULY 18, 2016

Applies to:

Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.

Goal

 

Scenario:

1.      Retire an asset partially (e.g. 1000 from 4000).
2.      Run Calculate gain and losses for the particular asset book
3.      Retire the asset fully (e.g. 3000 for the asset in 1.)
4.      Run Calculate Gain and Losses for the particular asset book
5.      Reinstate the full retirement in the asset workbench
6.      Run Calculate Gain and Losses for the particular asset book

At this stage the cost of the asset is 3000.

7.     Now  Try to reinstate the partial retirement and you get the error
below:
APP-OFA-48397 Program exited with errors:
You must be on the last record to create a new record

Per the Oracle Assets User Guide, Chapter 4 - Asset Retirements:

Page 4-3:

Correcting Retirement Errors (Reinstatements):
"For multiple partial retirements, you can reinstate only the most recent
partial retirement.."

So, the designed functionality, as documented, will only allow the most
recent partial retirement to be reinstated.

Potential workaround would be to adjust Current Cost = 0, retire the asset in
full, then re-enter the asset w/ correct value.

However, client asked for an Enhancement Request to please allow multiple
reinstatements from the asset workbench.

Solution

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