R12.1 FARET: Calculate Gains and Losses Errors With 'Depreciation cannot exceed depreciation limit' For Asset Reinstatement (Doc ID 1599806.1)

Last updated on MARCH 15, 2023

Applies to:

Symptoms

On R12.1, Calculate Gains and Losses (FARET) for asset reinstatement ends with the following error:

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Error: Depreciation cannot exceed depreciation limit.

Cause: Override amount is too large.

Action: Enter an override amount that will not cause depreciation to exceed the depreciation limit.
Error: function FA_AMORT_CALC_PVT.Recalculate returned failure
User-Defined Exception
Error: function FA_AMORT_PVT.faxama returned failure
Error: function fa_gainloss_dpr_pkg.CALC_CATCHUP returned failure
Error: function FA_GAINLOSS_UND_PKG.fagrin returned failure
FAGRIN: Fail to reinstate asset XXXXXXXXXX-01

Cause:        You have a database problem.

Action:        Contact your system administrator.
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Steps To Reproduce:
1.  2013-09(SEP-13) *** Addition
    
    Cost                               : 1570000
    YTD depreciation                   : 0
    Accumulated depreciation           : 1471741
    Date in Service                    : 01-JUL-2007
    Depreciation method                : JP-DB 5YR
    Salvage value                      : 0
    Depreciation limit amount          : 1

2.  2013-09(SEP-13) *** Adjusting Depreciation Method with Amortization

    Depreciation method       : (From) JP-DB 5YR   (To) JP-STL 2YR
    -- Amortization
    Amortized flag            : Yes
    Amortization Start Date   : 01-SEP-2013

3.  2013-09(SEP-13) *** Override with Depreciation

    Period              : 2013-09(SEP-13)
    Depreciation        : 24563
    Bonus Depreciation  : *Null
    Used By             : Depreciation
    Status              : Post

4.  2013-10(OCT-13) *** Full Retirement with Following Month Convention

    Retire Date           : 01-OCT-2013
    Cost Retired          : 1570000
    Retirement Convention : *Following Month Convention

5.  2013-10(OCT-13) *** Run Calculate Gains and Losses

6.  2013-04(APR-13) *** Reinstatement

7.  2013-04(APR-13) *** Run Calculate Gains and Losses

    *Calculate Gains and Losses ends with error.

Changes

Cause

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