R12 Asset Reinstatement Calculates Incorrect Expense For A Backdated Asset Retired In Period Of Addition (Doc ID 1597026.1)

Last updated on MARCH 24, 2016

Applies to:

Oracle Assets - Version 12.0.0 to 12.1.3 [Release 12 to 12.1]
Information in this document applies to any platform.

Symptoms

On : 12.1.1 version, Reinstatement

Asset reinstatement calculates incorrect expense for a backdated asset retired in period of addition.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1) Created an Asset in JAN-08 with DPIS as 01-JAN-2005.
2) Ran the depreciation for JAN-08 and it has charged depreciation as expected (i.e. From JAN-05 to JAN-08)
3) Retired the Asset on same month (JAN-08) with retirement effective date as 01-JAN-08
4) Reinstated the above retired Asset on FEB-08.
5) Notice the incorrect deprn expense charged

Cause

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