System Is Creating Salvage Value Of Some Intangible Assets At X% Instead Of Defaulting It From Category Book Defaults. (Doc ID 3073927.1)

Last updated on MARCH 03, 2025

Applies to:

Symptoms

System is creating salvage value of some intangible assets at X% and some other at 0% when it is setup to 0% in Asset Category Default Rules.

Salvage value should be 0% by default as per the Category Default setup.

The issue can be seen as follows:
1. Navigate to Oracle Fixed Assets Manager.
2. Go to Setup > Asset System > Asset Categories.
3. Define Asset Category. Define the Default Salvage Value to 0% in the Category Defaults Rules.
4. Create Assets for the category.
5. Query the Asset in Financial Information. Find that the Salvage value shows a X% value.

Changes

Cause

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