After Partial Retirement Asset's Accumulated Depreciation is Negative
Last updated on MARCH 08, 2017
Applies to:Oracle Assets - Version 12.2.4 and later
Information in this document applies to any platform.
Partial Retirement took full NBV Retired amount at time of back-dated partial retirement. This has caused Accumulated Depreciation to be negative.
Asset has current Cost and Accumulated Depreciation of $400.
When user enters a 50% partial retirement to retire $200 of cost and Accumulated Depreciation (Reserve), The retirement took the full $400 instead of partial retirement portion $-200. Thus Accumulated Depreciation is left at $-200
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