R12: Multiple Transfers in Same Period Result in Incorrect Depreciation Movement
(Doc ID 1560388.1)
Last updated on AUGUST 25, 2020
Applies to:Oracle Assets - Version 12.1.3 and later
Generic (Platform Independent)
In R12, when user changes Expense Account setting with a back-dated Transfer Date,
the past depreciation (Transfer Date to current period) did not be transferred.
Transfer account A to the account B setting current day in Transfer Date.
In same period, customer transfers the asset from the account B to the account C with back-dated Transfer Date.
1. 2013-04(APR-13) *** Create an asset
2. 2013-05(MAY-13) *** Transfer an asset
Transfer this asset from the account A to the account B
Transfer Date : 2013-05-31 (current period)
Expense Account : A (XX.XXX.XX.YYYYY.XXXX) => B (XX.XXX.XX.ZZZZZ.XXXX)
CCID : A (345058) => B (278062)
3. 2013-05(MAY-13) *** Transfer an asset
Transfer asset from account B to the account C
with back-dated Transfer Date.
Transfer Date : 2013-04-01 (prior month)
Expense Account : B (XX.XXX.XX.ZZZZZ.XXXX) => C (XX.XXX.XX.WWWW.XXXX)
CCID : B (278062) => C(125069)
4. 2013-05(MAY-13) *** Run Depreciation without period close
5. Create Accounting - Assets
The Depreciation Expense A is sued, this account did not Transferred.
Dr. CCID(345059) 100,000 --- Asset Cost
Dr. CCID A (345058) 2,778 --- Depreciation Expense A <= NOT transferred
Dr. CCID C (125069) 2,778 --- Depreciation Expense C
Cr. CCID(345060) 100,000 --- Asset Clearing
Cr. CCID(345061) 2,778 * 2 ---Accumulated Depreciation
If customer transfers the asset from the account A to the account C directly with setting back date in Transfer Date,
the past depreciation account was transferred correctly.
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