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R12 to R12.1: Reinstatement Calculates Incorrect Expense for a Backdated Asset Retired in Period of Addition (Doc ID 1600387.1)

Last updated on AUGUST 21, 2018

Applies to:

Oracle Assets - Version 12.0.0 and later
Information in this document applies to any platform.
FARET

Symptoms


Incorrect value calculated for depreciation expense on retirement.

EXPECTED BEHAVIOR
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Correct value should be calculated for deprn, when retire and reinstate is done in same period.

STEPS
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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 JAN-08.
5) Notice the incorrect deprn expense charged.


Changes

 

Cause

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