Incorrect Calculations Of Gain/Loss On Retirement (Doc ID 2259851.1)

Last updated on APRIL 27, 2017

Applies to:

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

Symptoms



ACTUAL BEHAVIOR
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When retiring an asset Gain/Loss amount is not as what business except and is as follows


Gain/Loss = Proceeds of Sale - Cost of Removal - Net Book Value Retired + Revaluation Reserve Retired  


EXPECTED BEHAVIOR
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 Expect Revaluation Reserve Retired amount not included in the Gain/Loss value.

STEPS
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The issue can be reproduced at will with the following steps:

FA > Asset workbench > Retirement


Changes

 

Cause

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