My Oracle Support Banner

Last Period Depreciation Expense Is Reversed When Retiring An Asset (Doc ID 2300576.1)

Last updated on MAY 17, 2021

Applies to:

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

Symptoms


ACTUAL BEHAVIOR
---------------
When the asset is retired, the NBV is not as expected. Last period depreciation expense is reversed when retiring the asset causing incorrect NBV.

EXPECTED BEHAVIOR
-----------------------
Expect the retirement not to revers the last period depreciation expense.



Cause

To view full details, sign in with your My Oracle Support account.

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


In this Document
Symptoms
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.