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Incorrect Depreciation Expense Reversal for Evergreen and Re-Leased Assets with Prior Dated Termination with Purchase (Doc ID 2371780.1)

Last updated on JULY 14, 2020

Applies to:

Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Lease Authoring

ACTUAL BEHAVIOR
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For the following 2 scenarios, the depreciation expense is getting reversed when the asset is subject to termination with purchase with dates in past:

1. Contract/Asset is in Evergreen Status
2. Asset is in Re-Leased status while the contract is in Booked/Evergreen status


EXPECTED BEHAVIOR
-----------------------
The depreciation expense should not be reversed for the above 2 scenarios.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:

1. Perform an asset termination with purchase with Quote Effective Dates in past



Cause

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In this Document
Symptoms
Cause
Solution
References


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