YTD Depreciation Calculation Not as Expected After "Date Placed in Service" is Changed
(Doc ID 3022106.1)
Last updated on MAY 27, 2024
Applies to:
Oracle Assets - Version 12.2 and laterInformation in this document applies to any platform.
Symptoms
An asset was placed in service in March. Later the "Date Placed in Service" was updated to July of the previous fiscal year. It is expected the YTD Depreciation would reflect only six months of depreciation as the fiscal calendar is defined from October to September. However, the data reflects nine months of YTD Depreciation.
Steps to reproduce:
1. Log into Assets
2. Assets>Asset Workbench>Find>Books
3. Query asset in question.
4. Modify Date Placed in Service field.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |