JP-2X0DB: What-If Is Showing Incorrect Depreciation Amount When Temporary Close in Last Period of the Year
(Doc ID 2066536.1)
Last updated on MARCH 04, 2019
Applies to:
Oracle Assets - Version 12.1.3 and laterInformation in this document applies to any platform.
Symptoms
NOTE: In the images.examples above or below and/or the attached document, user details / company name / address / email / telephone number represent a fictitious sample (based upon made up data used in the Oracle Demo Vision instance). Any similarity to actual persons, living or dead, is purely coincidental and not intended in any manner.
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In JP-200DB or JP-250DB asset with revised rate, What-If Report is showing incorrect depreciation amount after performing run Depreciation without period close in the last period of the year.
Steps to Reproduce
* The calendar is the begining of April
1. 2020-02 *** Addition
Cost : 13270000
YTD depreciation : 493020
Accumulated depreciation : 12583312
Date in Service : 14-APR-2011
Depreciation method : JP-250DB 10
Salvage value : 0
Depreciation limit amount : 1
NBV at switch : 1771332
2. 2020-03 *** What-If Analysis
(N)Depreciation > What-If Analysis
Parameter :
----------------------------------------------
Start Period : 2020-03
----------------------------------------------
What-If Depreciation Report ***
Period Fiscal New
Name Year Depreciation
-------- ------- ------------
2020-03 2019 49,302 <-- Correct
2020-04 2020 49,302 <-- Correct
2020-05 2020 49,302 <-- Correct
2020-06 2020 49,302 <-- Correct
2020-07 2020 49,302 <-- Correct
2020-08 2020 49,302 <-- Correct
2020-09 2020 49,302 <-- Correct
2020-10 2020 49,302 <-- Correct
2020-11 2020 49,302 <-- Correct
2020-12 2020 49,302 <-- Correct
2021-01 2020 49,302 <-- Correct
2021-02 2020 49,302 <-- Correct
3. 2020-03 ***Run Depreciation without period close.
FA_DEPRN_SUMMARY ***
COUNTER DEPRN_AMOUNT YTD_DEPRN DEPRN_RESERVE ADJUSTED_COST
------- ------------ --------- ------------- -------------
24238 0 493020 12583312 1771332
24239 49302 542322 12632614 1771332
24240 49302 591624 12681916 1771332
4. 2020-03 *** What-If Analysis
(N)Depreciation > What-If Analysis
Parameter :
----------------------------------------------
Start Period : 2020-03
----------------------------------------------
What-If Depreciation Report ***
Period Fiscal New
Name Year Depreciation
-------- ------- ------------
2020-03 2019 49,231 <-- Wrong. It should be 49,302.
2020-04 2020 49,228 <-- Wrong. It should be 49,302.
2020-05 2020 49,228 <-- Wrong. It should be 49,302.
2020-06 2020 49,228 <-- Wrong. It should be 49,302.
2020-07 2020 49,228 <-- Wrong. It should be 49,302.
2020-08 2020 49,228 <-- Wrong. It should be 49,302.
2020-09 2020 49,228 <-- Wrong. It should be 49,302.
2020-10 2020 49,228 <-- Wrong. It should be 49,302.
2020-11 2020 49,228 <-- Wrong. It should be 49,302.
2020-12 2020 49,228 <-- Wrong. It should be 49,302.
2021-01 2020 49,228 <-- Wrong. It should be 49,302.
2021-02 2020 49,228 <-- Wrong. It should be 49,302.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| 1. Fixed Files |
| 2. Recommended Patches |
| 3. Solution Steps |
| References |