Asset Impairment Report Shows NBV for Value in Use or Net Selling Price
Last updated on MARCH 24, 2016
Applies to:Oracle Assets - Version 12.1 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.
An impairment is performed on an asset successfully by entering a value in use larger than the NBV of the asset. This results in a negative impairment loss calculated, which is the correct result.
NBV = 319,599.96
Value in use entered = 320,000
Impairment loss calculated = -400.04
However, the Asset Impairment Report shows the value in use is 319,599.96, but it should be 320000.
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