R12 Net Book Value (NBV) Incorrect After Depreciation Rollback on Asset With Impairment
(Doc ID 1560363.1)
Last updated on MARCH 03, 2023
Applies to:
Oracle Assets - Version 12.1 to 12.1.3 [Release 12.1]Information in this document applies to any platform.
Symptoms
Rollback depreciation is performed for an asset which has a current impairment transaction. After the rollback of depreciation, the asset's Net Book Value is incorrect because the related impairment data remains for the asset.
Example.
Before Impairment: 2013-04 (APR-13)
--------------------------------------------
Cost : 100,000
DPIS : 01-APR-2013
Deprn method : JP-STL 5YR
YTD depreciation amount : 1,500
Accumulated depreciation amount : 1,500
Net Book Value : 98,500
Run Impairment: 2013-05 (MAY-13)
--------------------------------------------
Impairment Loss : 50,000
Cost : 100,000
DPIS : 01-APR-2013
Deprn method : JP-STL 5YR
YTD depreciation amount : 3,000
Accumulated depreciation amount : 3,000
Impairment Reserve : 50,000
Net Book Value : 47,000
After Rollback Depreciation: 2013-05 (MAY-13)
--------------------------------------------
Cost : 100,000
YTD depreciation amount : 1,500
Accumulated depreciation amount : 1,500
DPIS : 01-APR-2013
Deprn method : JP-STL 5YR
Impairment Reserve : 50,000
Net Book Value : 48,500 <= **** Incorrect
Cause
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