R12.1 Asset Fully Retired In Asset Tax Book Showing Negative YTD Depreciation Even Though The 'Depreciate In Year Retired' Option Is Unchecked (Doc ID 1598734.1)

Last updated on MARCH 07, 2017

Applies to:

Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Depreciation, Rollback, Projection, What-If

ACTUAL BEHAVIOR
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The full retirement in the period of addition in the tax book with YTD and reserve, as well as the method updated by the Tax Upload Interface (FATAXUP) program generates a wrong retirement expense.

EXPECTED BEHAVIOR
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Expect the YTD depreciation set by the Tax Upload Interface transaction to be backed out only

STEPS
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The issue can be reproduced at will with the following steps:
1. Flat rate depreciation method based on cost with Depreciate in Year retired = No
2. Add an asset in the corporate book backdated with reserve and mass copy the addition to the tax book
3. Update the YTD, reserve, method and salvage value via the Tax Upload Interface
4 Fully retire the asset with the retirement date in the current open FA period, ie the period of addition

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, the retirement expense is wrongly generated for the tax book.

Cause

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