Last updated on NOVEMBER 28, 2016

Applies to:

Symptoms

Although the profile option "FA: Use Threshold" is set to "No," Oracle Assets is working incorrectly as though set to "Yes/Null."

Steps to Reproduce

Case A
1.  Set the profile option FA: Use Threshold to No

2.  2015-05 *** Addition

    Cost                        : 1
    YTD depreciation            : 0
    Accumulated depreciation    : 0
    Date in Service             : 01-APR-2015  <--Prior period
    Depreciation method         : JP-STL 4YR
    Salvage value               : 0
    Depreciation limit amount   : 0
    Depreciate flag             : Yes

3.  Check the asset

    Cost                        : 1
    YTD depreciation            : 1            <--Wrong catch up amount
    Accumulated depreciation    : 1            <--Wrong catch up amount
    Date in Service             : 01-APR-2015
    Depreciation method         : JP-STL 4YR
    Salvage value               : 0
    Depreciation limit amount   : 0
    Depreciate flag             : Yes

Case B
1.  Set the profile option FA: Use Threshold to No

2.  2015-05 *** Addition

    Cost                        : 1
    YTD depreciation            : 0
    Accumulated depreciation    : 0
    Date in Service             : 01-MAY-2015  <--Current period
    Depreciation method         : JP-STL 4YR
    Salvage value               : 0
    Depreciation limit amount   : 0
    Depreciate flag             : Yes

3.  2015-05 *** Run Depreciation

4.  Check the asset

    Cost                        : 1
    YTD depreciation            : 1            <--Wrong depreciation amount
    Accumulated depreciation    : 1            <--Wrong depreciation amount
    Date in Service             : 01-APR-2015
    Depreciation method         : JP-STL 4YR
    Salvage value               : 0
    Depreciation limit amount   : 0
    Depreciate flag             : Yes

Current behavior:
Wrong catch up / depreciation amount, 1 yen is calculated.  The net book value(= 1 yen) is less than 10 yen.  So the remaining net book value(= 1 yen) is depreciated incorrectly to fully reserved despite FA: Use Threshold being No.

Expected behavior:
Even if the net book value is less than 10 yen, the remaining net book value(= 1 yen) should NOT be depreciated to fully reserved because FA: Use Threshold is No

Case C
1.  Set the profile option FA: Use Threshold to No

2.  2015-05 *** Addition

    Cost                               : 165
    YTD depreciation                   : 0
    Accumulated depreciation           : 157
    Date in Service                    : 01-APR-2012
    Depreciation method                : STL 84(=7 year)
    Salvage value                      : 0
    Depreciation limit amount          : 0
    Amortize NBV over Remaining Life   : Yes
    Amortization start date            : 01-MAY-2015


2.  2015-05 *** Override

    Period Name         : 2015-05
    Deprn Amount        : 0
    Used by             : DEPRECIATION
    Status              : Post


3.  2015-06 *** Post Impairment

    Value in use        : 1

4.  Impairment ends with a warning error with:

    Impairment cannot be charged for asset &FA_ASSET_ID as the NBV after considering current month
    depreciation is either zero or less than impairment loss.

5.  Check the Impairment: (N)Assets > Impairment > Create and Post - Asset Impairment page:

    Value In Use    :  1
    Impairment Loss : -1 <--Wrong

Current behavior:
The net book value(8 yen = 165-157) is less than 10 yen.  So the remaining net book value(= 8 yen) is depreciated incorrectly to fully reserved.  After that, the net book value becomes 0.  Therefore Impairment Loss is calculated as -1 yen to adjust the net book value to be 1 yen.

Expected behavior:
Even if the net book value is less than 10 yen, the remaining net book value(= 8 yen) should NOT be depreciated to become fully reserved because FA: Use Threshold is No

Asset Impairment page:
Value In Use    :  1
Impairment Loss :  7 <--Correct

Cause