Revaluation Reserve After a Previous Impairment Loss Creates Incorrect Accounting Transactions (Doc ID 2261105.1)

Last updated on MAY 01, 2017

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.1.11.1.0 and later
Oracle Fusion Assets - Version 11.1.11.1.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
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After performing an Impairment, then a Revaluation (with the Reversal of Impairment Loss flag checked in ADFDI), the transaction entries are incorrect. The impairment loss is not getting reversed.

EXPECTED BEHAVIOR
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Expect the Impairment amount to get reversed and be charged to the Profit and Loss account.

Cause

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