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

Last updated on AUGUST 30, 2023

Applies to:

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

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

Expect the retirement not to reverse the last period's depreciation expense.

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In this Document

Symptoms

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