Profile Option FA: Use Threshold Is Not Working When Set to No
(Doc ID 2035426.1)
Last updated on JULY 20, 2022
Applies to:
Oracle Assets - Version 12.2.3 and laterInformation in this document applies to any platform.
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
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
1. Bug Summary |
2. Fixed Files |
3. Recommended Patches |
4. Solution Steps |
References |