IAC Index Revaluation Not Applied in First Year for Migrated Assets
Last updated on MARCH 08, 2017
Applies to:Oracle Assets - Version 188.8.131.52 and later
Information in this document applies to any platform.
Migrated assets from one instance of 11.5.10 IAC Assets (OPSFi) to another identical instance.
When depreciation was run for the first time in the new instance, IAC balances were created successfully for all assets with the exception of those placed in service in the current financial year.
Based on the the price index for MAR -15, when depreciation was run, and the index value associated with the assets when placed in service should have generated a revaluation reserve but none was created.
How can this be explained ?
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