Split Asset Has Wrong Accumulated Depreciation & Life Years
(Doc ID 2459091.1)
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.
12.1.3 Asset Management - Split Asset
In Lease Management, After Split asset the asset has wrong accumulated depreciation & Life Years
Steps to Reproduce the issue :
1) Lease Super User : Create Lease Contract ,Booked and Run Depreciation.
2) Check FA Period and Date placed in service
3) Perform Asset Split via Contract Rebook:
4) Run Depreciation . Split Asset cost is exactly split into half of original asset & depreciation amount is correct. However the accumulated depreciation is wrongly calculated.
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