Unable To Perform RV Write Down In OLFM For Multiple Assets Of Same Contract In One Go
Last updated on JUNE 14, 2018
Applies to:Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.
On : 12.1.3 version, Asset Management
Unable to perform RV Write down in OLFM for multiple assets of same contract in one go
We've an year-end activity that requires RV Writedown for multiple assets across contracts.
When trying to perform RV Writedown for multiple assets for one contract in OLFM, it is throwing an error message.
However it is allowing us to perform the same for single asset.
That means, if we need to update RV for 50 assets in a contract, we need to perform below steps 50 times as there are 50 assets.
1) Update RV amount in UI &
2) Submit 'Process Residual Value Writedown Transactions'
Even though there is an option to select multiple assets to update RV, it is not working as intended.
Asset <asset number> failed because a pending residual value writedown transaction already exists for the contract <contract number>.
The issue can be reproduced at will with the following steps:
Navigate to Finance -> Asset Transactions -> Residual Value writedown page. Query a booked contract.
Select all the assets -> Click on update -> Enter new residual value for each asset. Click on Apply.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms