Daily Prorate Convention not Getting Extended Automatically Post Leap Year

(Doc ID 2246110.1)

Last updated on MARCH 21, 2017

Applies to:

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

Symptoms

Depreciation run for the last period of the fiscal year does not extend the  Daily prorate convention for fiscal year next to leap year. For E.g if Depreciation is run for Dec-16 period, system is not automatically extending the prorate convention setup for 2017 fiscal year.

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms