ALC: Setting Cost of an Asset to Zero Does Not Set the Reporting Cost to Zero (Doc ID 1613040.1)

Last updated on MARCH 22, 2016

Applies to:

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

Symptoms


ACTUAL BEHAVIOR
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Adjusting the cost of a CIP asset to 0 by adding a manual source line or mass addition lines, does not set the reporting cost of the asset to 0.

EXPECTED BEHAVIOR
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Expect the reporting cost also to be set to 0

STEPS
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The issue can be reproduced at will with the following steps:
1. Create an asset from an invoice line from Payables
2. Add a manual invoice line in the sourced lines window for the negative cost amount  OR a new mass addition for the negative cost amount; thus resulting in zero cost for primary currency
3. Capitalize the asset, if asset was CIP
4. Notice that the reporting cost of the asset is not 0 as expected


BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, the reporting cost of the asset is wrong.

Cause

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