Register today for Oracle CloudWorld. October 17th - 20th, Las Vegas

Register now

Hillel Cooperman, Senior VP of User Experience Design, has a message for you on Oracle CloudWorld

Watch now
Negative Salvage Value on Positive Asset — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Negative Salvage Value on Positive Asset

Received Response
edited Sep 5, 2019 1:47PM in Assets 3 comments


Want to increase the Recoverable Cost of an asset



I am in the unusual position of needing to increase the Recoverable Cost of an asset as I import it into Cloud Fusion.

The business case is that it previously had too little depreciation taken so I need a Recoverable Cost that is higher than the actual Cost in order to generate the correct straightline cost based depreciation through the remaining life of the asset.

Is there any way I can switch off the validation rule that prevents a negative Salvage Value when the asset has a positive Original Cost?


Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!