Accumulated Depreciation Is Re-Set for a Tax Asset That Was Fully Depreciated
(Doc ID 1981492.1)
Last updated on DECEMBER 04, 2019
Applies to:Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.
Accumulated Depreciation is re-set for a tax asset that was fully depreciated (fully reserved).
View Financial Information shows:
1) Before depreciation run of DEC-13:
Tax book shows NBV = 0 and accumulated depreciation = 82
2) After JAN-14 depreciation run:
Tax Book shows deprn amount = 0. However, NBV = 81.84 and accumulated depreciation = .16
Correct values should be NBV = 0 and accumulated depreciation = 82
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document
|Still Have Questions?|