Asset Workbench (FAXASSET) Form Errors With: "APP-OFA-48392 Amortization Start Date must be after Date Placed in Service" When Using Following Month (FOL-MONTH) Prorate Convention
(Doc ID 427475.1)
Last updated on NOVEMBER 08, 2022
Applies to:
Oracle Assets - Version 11.5.10.0 to 11.5.10.0 [Release 11.5]Information in this document applies to any platform.
FAXASSET
Goal
The asset is capitalized and already amortized and uses the following month prorate convention.
The date placed in service should be set to 17-MAR-2007. The current open period is April 2007 and the Amortization Start Date defaults to 01-APR-2007. When saving the transaction, the following error occurs:
Error
APP-OFA-48392 Amortization Start Date must be after Date Placed in Service.
Solution
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