What-If Report: Extended Depreciation is calculated for Fully Impaired Asset(NBV=0)
(Doc ID 2167799.1)
Last updated on MARCH 16, 2023
Applies to:
Oracle Assets - Version 12.1.3 and laterInformation 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:
- Depreciation Method: JP-DB or JP-STL
- Allowed Depreciation Limit: 95%
- Asset has been impaired to Net Book Value = 0
Steps to Reproduce
* Calender starts from April and ends to next March
- 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) - Run Depreciation with period close
- APR-16 *** Impairment
Impairment Loss = 11869246
* Net Book Value(NBV) of the asset becomes ZERO - 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
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |