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Mass Revaluation Removes Life_in_Months for Fully Reserved Assets with Life Based Methods (Doc ID 2052071.1)

Last updated on FEBRUARY 05, 2020

Applies to:

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

Symptoms

A mass revaluation was run and seems to remove the life in months for fully reserved assets with life-based methods.  This will normally be found when fully reserved assets in tax books get updated by processes like Periodic Mass Copy or Calculate Gains and Losses and those processes fail with:

Illegal value (0) for Life

Actually the assets will not have a 0 life, they will have a null life.  But the error produced is the same as that for a 0 life.

Cause

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