Asset Impairment Report Shows NBV for Value in Use or Net Selling Price (Doc ID 1573485.1)

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.

Symptoms

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.  

 

Cause

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