What-If Report: Extended Depreciation is calculated for Fully Impaired Asset(NBV=0) (Doc ID 2167799.1)

Last updated on SEPTEMBER 01, 2016

Applies to:

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

Symptoms

What-If Analysis Program calculates Extended Depreciation for the asset which has been fully impaired (Net Book Value = 0)

Conditions:

 

Steps to Reproduce

* Calender starts from April and ends to next March

  1.  MAR-16 *** Addition
        Cost               : 19412432
        Ytd Deprn        : 528506
        Deprn Reserve : 7447097
        Salvage Value : 10%
        DPIS              : 01-APR-2003
        Method           : JP-STL 31YR (.033)
        Deprn Limit     : 95% (970622)

  2. Run Depreciation with period close

  3. APR-16 *** Impairment
    Impairment Loss = 11869246
    * Net Book Value(NBV) of the asset becomes ZERO

  4. APR-16 *** Run What-If report.

        Period   Fiscal                       New
        Name     Year    Depreciation Depreciation
        -------- ------- ------------ ------------
        APR-16  2016               0             0
        MAY-16  2016               0             0
        JUN-16   2016               0             0
        JUL-16   2016               0             0
        AUG-16  2016               0             0
        SEP-16   2016               0             0
        OCT-16  2016               0             0
        NOV-16  2016               0             0
        DEC-16  2016               0             0
        JAN-17   2016               0             0
        FEB-17   2016               0             0
        MAR-17  2016               0             0
        APR-17  2017         16,177       16,177 <---Wrong
        MAY-17  2017         16,177       16,177 <---Wrong
        JUN-17   2017         16,177       16,177 <---Wrong

 

Cause

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