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 laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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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
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Expect the retirement not to revers the last period depreciation expense.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |