FAPIMP Process Impairments Error: "this asset is added with Depreciate Flag NO and without Depreciation Reserve" (Doc ID 1962989.1)

Last updated on FEBRUARY 05, 2015

Applies to:

Oracle Assets - Version 11.5.10.1 and later
Information in this document applies to any platform.

Symptoms

 When attempting to run FAPIMP: Process Impairments, the following error occurs.

Error:
You cannot perform Impairment on &ASSET_NUMBER, this asset is added with Depreciate Flag NO and without Depreciation Reserve.

Steps to Reproduce:

1.  Adding a new asset with
    -------------------------------
    Accumulated depreciation =  0
    Depreciation flag        =  No
    -------------------------------

2.  Performing Impairment
    Result: This error occurs

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms