Asset is Getting Fully Reserved Before End of Life (Doc ID 2410191.1)

Last updated on APRIL 12, 2023

Applies to:

Symptoms

ACTUAL BEHAVIOR

Asset 111111 fully reserved before the end of life and there is a huge depreciation amount in the end of current Fiscal Year that made the asset to be fully reserved

EXPECTED BEHAVIOR

Expect the asset to depreciate till end of life

STEPS

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

1. Add an asset with Half year prorate convention where the prorate date falls into the fist half of the  Fiscal Year.
   FA > Assets > Assets Workbench

2. Re-run the depreciation
   FA >Depreciation >Run Depreciation

Changes

Cause

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