Incorrect Reserve After Asset Adjustment to Cost or Method and Life (Doc ID 2493909.1)

Last updated on FEBRUARY 24, 2021

Applies to:

Symptoms

For asset which has reserve entered / primed at addition, find asset has incorrect reserve after either

• cost adjustment performed to change cost of asset
• or method and life changed

You can see asset has reserve entered/primed by using this script, any value here is "primed"

STEPS

From Oracle Asset Responsibility
M:  Asset>Asset Workbench
1. Query Asset
2. Select BOOKS button and select the book to update
3. Update Cost OR update method and/or life, DO NOT check the Amortize Box
4. Save

Changes

Asset has had cost or method with life change performed

Cause

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