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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

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In this Document
Symptoms
Cause
Solution
References


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