My Oracle Support Banner

EAM9.2: Net Book Value (NBV) is shown as a Negative Value on 'Review Depreciation Info' > 'Asset Depreciation' Page, even if Asset Cost and Accumulated Depreciation Values are Same for a Period (Doc ID 2727443.1)

Last updated on JANUARY 25, 2021

Applies to:

PeopleSoft Enterprise FIN Asset Management - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

On 'Review Depreciation Info' > 'Asset Depreciation' page Net Book Value (NBV) is shown as a negative value e.g. -0.01 even if Asset cost and accumulated depreciation values are same. It's expected that NBV should show as zero.

Steps to Replicate:

  1. Add an asset with life 36 periods, calculation type Remaining value, depreciation method Straight Line.
  2. Calculate depreciation.
  3. Perform an adjustment to reduce asset cost with same date as that of asset ADD transaction date. Calculate depreciation.
  4. Perform another adjustment on a later date to completely take out the cost of Asset. Calculate depreciation.
  5. On 'Review Depreciation Info' > 'Asset Depreciation' page, check Net Book Value (NBV) for any period after the last cost Adjustment.

Changes

 

Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Changes
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.