Scrapping a Lease Asset Error - You Cannot Date your Transaction in a Future Period
(Doc ID 2409289.1)
Last updated on JULY 14, 2020
Applies to:
Oracle Lease and Finance Management - Version 12.1.3 and laterInformation in this document applies to any platform.
Symptoms
On : 12.1.3 version, Asset Management
While scrapping an asset, the following error is encountered:
ERROR
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You cannot date your transaction in a future period.
User-Defined Exception
Error: function FA_RETIREMENT_PUB.do_validation returned failure
Error: function FA_RETIREMENT_PUB.do_retirement returned failure
Error retiring asset <Asset Number> in corporate book <Corporate Book Name>. Retirement transaction was not performed for this asset in Fixed Assets.
STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Current FA open period (past period)
2. Current period (sysdate)
3. Navigate to Asset Management -> Return Requests
4. Query the asset -> Update asset information -> Change status to Scapped -> Click on Apply. Error will be encountered.
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |