Amortization Start Date Is Not Taken Into Account When Doing Amortized Adjustment To Set Depreciate Flag To Yes For The First Time
(Doc ID 603014.1)
Last updated on JULY 12, 2022
Applies to:Oracle Assets - Version 11.5.9 to 22.214.171.124 [Release 11.5]
Information in this document applies to any platform.
Find that when setting the depreciate flag to Yes for an asset for the first time, the adjustment is not handled as amortized and depreciation catchup is calculated from the Date Placed in Service.
Expect the amortization start date to be taken into account
-- Steps To Reproduce:
The issue can be reproduced at will with the following steps:
1. Enter an asset with depreciate flag=No
2. After some periods, enter an amortized adjustment to set the depreciate flag to Yes with an amortization start date in the current period
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