Dual Asset Cost Adjustment resulted in incorrect Accumulated Depreciation
Summary:
User had performed Asset adjustments twice for the period of Sep'24 in the Asset Book 'ATM GB CORP Book' to the Asset# 10042846. Due to this, the asset had resulted in incorrect accumulated depreciation.
Artifacts:
1. Life of Asset: 5Years; In service Date: 11/30/21; Prorate Date: 11/1/21. Period of Adjustment: Sept'24 (34 Months Depreciation)
2. User adjusted the asset using the task Adjust Assets>Search the Asset>Change Financial Details.
3. User wanted to increase the cost of asset by $904,565.68. Cost of asset before performing the adjustment was $4,343,611.93. The cost of asset after the correct adjustment should have been $5,248,177.61.
4. But User -
a. First Adj.: Instead of the putting the Cost $5,248,177.61, user updated the cost to $904,565.68.