Reclassified Assets Retainin Properties Of Old Category
Last updated on NOVEMBER 03, 2016
Applies to:Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.
Reclassification of an asset where source category does depreciate and where target category does not depreciate (depreciate flag = No), does not result in an asset which no longer depreciates.
Impact is also this may not be identified/realized instantly and financial impact will be there as the asset does not get a catchup correction (negative expense) and it will continue to increase its reserve taken.
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