Asset Revaluation Error: Price Index is invalid because you are not revaluing the accumulated depreciation, year-to-date depreciation, or both
Last updated on OCTOBER 21, 2016
Applies to:Oracle Fusion Assets Cloud Service - Version 220.127.116.11.0 and later
Oracle Fusion Assets - Version 18.104.22.168.0 and later
Information in this document applies to any platform.
When creating a Revaluation batch, the following error occurs in the log files and no assets are shown in the batch:
The value type Price Index is invalid because you are not revaluing the accumulated depreciation, year-to-date depreciation, or both.
The Revaluation transaction ##### failed for asset number #####.
The issue can be reproduced at will with the following steps:
1. Navigate to Fixed Assets > Assets > Select Asset Book > Revalue Assets
2. Click plus icon to create batch
3. Select Asset Book and click Next
4. Enter Parameters:
Method = Cost
Value Type = Price index
Select Include current period depreciation
5. Click Submit
6. Process ends in error with the message above
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