Incorrect Depreciation For Back Dated Unit Retirement (Doc ID 2195669.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Assets - Version 12.2.4 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.4 version, Retirement & Reinstatement

ACTUAL BEHAVIOR
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The retirement expense calculated for back dated retirement transaction is incorrect

EXPECTED BEHAVIOR
-----------------------
Expect that the retirement expense calculated for the back dated retirement transaction is correct

STEPS
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The issue can be reproduced at will with the following steps:
1. perform a partial retirement transaction where retirement date is prior to the period of addition
2. The retirement expense calculated by application is incorrect


BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, Depreciation expense is understated which resulting
in incorrect profile/ loss amount which show incorrect profitability of the organization

Cause

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