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Salvage Value of the Asset is Being Depreciated (Doc ID 2493724.1)

Last updated on JULY 15, 2019

Applies to:

Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Salvage value of the asset is being depreciated

EXPECTED BEHAVIOR
-----------------------
The asset to be stop depreciating when the asset reaches its recoverable cost.

The System will calculate the
Recoverable Cost  as COST - SALVAGE VALUE - RESERVE.


STEPS
-----------------------

  1. Logged in under Oracle Asset Responsibility
  2. Navigate to (M) Asset>Asset Workbench
  3. Create New Asset with Salvage value >0
  4. Run Depreciation and verify asset does not stop depreciating when Salvage Value is met



Cause

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In this Document
Symptoms
Cause
Solution


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