Cost Adjustment Which Changes Sign of Asset Causes Duplicate Impairment Reversal
Last updated on JANUARY 06, 2018
Applies to:Oracle Assets - Version 12.2.3 and later
Information in this document applies to any platform.
When an impaired asset is cost adjusted to zero, the expectation is that the impairment will be reversed. However, if a specific series of transactions occurs, the impairment will be reversed twice, the second reversal is incorrect:
1) Impair asset.
2) Reduce cost to zero. Impairment is correctly reversed.
3) Reduce cost to negative. Impairment remains gone, correctly.
4) Return cost to zero. Impairment is removed a second time, incorrectly.
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