Mass Retirements Apply Proceeds Incorrectly to Multiple Distribution Assets
Last updated on JUNE 22, 2016
Applies to:Oracle Assets - Version 184.108.40.206 and later
Information in this document applies to any platform.
When a Mass Retirement is created with Proceeds, and it selects into the Mass Retirement assets that have multiple distributions, the Preview Report will show the correct allocation of proceeds to each distribution line of those multiple distribution assets. However, when the Mass Retirement is actually run, it will apply only the amount which should go to the first distribution line as the whole amount applied to the asset, thereby not fully allocating all proceeds.
As an example, consider a Mass Retirement which pulls two assets, one of which has two distributions split .5 units each. Give the Mass Retirement $500 in proceeds. Cost is such that the multiple distribution asset should get 45.48 and the other asset the remainder.
Preview the Mass Retirement.
On the Prepare Mass Retirements form we see both distributions getting retired, with proceeds of $22.74 each (remainder of the $500 allocating to the other asset).
Post the Mass Retirement.
When you then check the asset, it will have had only $22.74 applied to it. The remaining $22.74 is not applied to any asset.
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