Revaluation And Write Off Of Previous Losses
Last updated on MARCH 08, 2017
Applies to:Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.
On : 12.1.3 version, Mass Revaluation, all losses are written off correctly in a period some time prior to the open period via upward revaluation of the asset.
Then the asset is then again revalued in the open period. Revaluation reserve should be generated, no further entries to Capital Loss should occur. However, in fact, the asset attempts again to clear the same loss.
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