Last updated on AUGUST 02, 2017
Applies to:Oracle Assets - Version 12.1.1 and later
Information in this document applies to any platform.
Incorrect depreciation expense is getting generated after changing prorate convention.
The issue can be reproduced at will with the following steps:
1. Setup two HALF YEAR type prorate conventions, one with 'Depreciate When Acquired Flag' is No, the other with 'Depreciate When Acquired Flag' is Yes.
2. Add backdated asset with prorate convention when 'Depreciate When Acquired Flag' is set to No and ensure the asset uses a formula based depreciation method.
3. Change prorate convention to the prorate convention where 'Depreciate When Acquired Flag' is set to yes.
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