R12.1: Accumulated Depreciation is Resetting for a Tax Asset that was Fully Depreciated (Doc ID 1981492.1)

Last updated on APRIL 06, 2016

Applies to:

Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

Accumulated Depreciation is reset for a tax asset that was fully depreciated / fully reserved:

View Financial Information shows below:


1) Before Depreciation ran for DEC-2013:
Tax Book shows NBV = 0 and Accumulated Depreciation = 82


2) After JAN-14 depreciation run:
Tax Book shows Deprn Amt = 0. However, NBV = 81.84 and Accumulated Depreciation = .16.

Correct values are NBV = 0 and Accumulated Depreciation = 82.




Cause

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