Accumulated Depreciation Is Incorrectly Calculated By The System in Period of Addition
(Doc ID 1645439.1)
Last updated on JULY 12, 2022
Applies to:
Oracle Assets - Version 11.5.10.2 and laterInformation in this document applies to any platform.
Goal
NOTE: In the images.examples above or below and/or the attached document, user details / company name / address / email / telephone number represent a fictitious sample (based upon made up data used in the Oracle Demo Vision instance). Any similarity to actual persons, living or dead, is purely coincidental and not intended in any manner.
----------------------------------------
Why is the expected reserve not there for an asset added with back-date DPIS and reserve entered at addition?
Asset Cost: 375000
DPIS 01-SEP-2007 00:00:00
Initial Life was 72 period but was updated in Period of addition (period 24145 = Jul-12) 80
Prorate: same month
Expected Monthly Expense = $375999 / 80periods = $4687,50
End of life = 01-SEP-2007 + 80 periods =
2007: 4 periods active
full year each:
2008: 12
2009: 12
2010: 12
2011: 12
2012: 12
2013: 12
2014: End of life = 30-APR-2014
In period 24164 FEB-14, after 78 periods, reserve shown is: $293749.8, but $365624 (or 78 X $4687,50) was expected.
Why the variance?
Solution
To view full details, sign in with your My Oracle Support account. |
|
Don't have a My Oracle Support account? Click to get started! |
In this Document
| Goal |
| Solution |