R12: Backdated transfer does not transfer depreciation expense for all previous periods to the new depreciation expense account (Doc ID 2386007.1)

Last updated on APRIL 13, 2018

Applies to:

Goal

Backdated transfer does not transfer depreciation expense for all previous periods to new depreciation expense account in below scenario:

<>

1. Create an asset on Dec-2014.

1. On period Jul-15 have been operated a backdated retirement with retirement date = Jan-15, 6 months of depreciation have been moved to new account.(expected)

2. In Mar-18 period have been operated two retirements ( Retirement date 01-Mar and 12-Mar, reserve have been moved from account  X to Y and back from Y to X(expected).

3. In Apr-18 period have been operated a backdated retirement with Jan-18 and only one month of depreciation have been moved to the new account(from X to Y).
Expectation is that 3 months of depreciation should be move to the new account ( Jan-18, Feb-18, March-18)

Transfer on March-18 with Transfer date 01-March-18
499723 772560 TRANSFER COST          CR 9792.8 229984 24219
499723 772561 TRANSFER RESERVE      DR 6936.55 229984 24219
499723 772562 TRANSFER COST          DR 9792.8 400699 24219
499723 772563 TRANSFER RESERVE      CR 6936.55 400699 24219

Transfer on March-18 with Transfer date 12-March-18
499724 772564 TRANSFER COST          CR 9792.8 400699 24219
499724 772565 TRANSFER RESERVE      DR 6936.55 400699 24219
499724 772566 TRANSFER COST          DR 9792.8 400700 24219
499724 772567 TRANSFER RESERVE      CR 6936.55 400700 24219

Transfer in April-18 with Transfer date Jan-18
499725 772568 TRANSFER COST           CR 9792.8 400700 24220
499725 772569 TRANSFER RESERVE       DR 7072.56 400700 24220
499725 772570 TRANSFER COST           DR 9792.8 400701 24220
499725 772571 TRANSFER RESERVE       CR 7072.56 400701 24220
499725 772572 DEPRECIATION EXPENSE DR -136.01 400700 24220
499725 772573 TRANSFER RESERVE       DR -136.01 400700 24220
499725 772574 DEPRECIATION EXPENSE DR 136.01 400701 24220
499725 772575 TRANSFER RESERVE       DR 136.01 400701 24220
499725 772576 DEPRECIATION EXPENSE DR 0 400701 24220

Solution

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.