Assets conversion
Hi All,
We are implementing Oracle apps 11.5.10.2 and we are doing asset conversion using the custom program. When we tried to load the assets out of the 630 records 555 records successfully loaded but 75 records errored out with the following messages in the log file of the program - 'Year-to-date depreciation cannot exceed life-to-date depreciation' and 'Life-to-date depreciation and year-to-date depreciation must be the same'.
In the data file proivded by the business, Cost, Date of place in service,YTD depreciation and Accumulated depreciation are there apart from other required fields for the assets.
My question - Is the Accumulated depreciation inclusive of the YTD depreciation?
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