Fixed Assets - EBS (MOSC)

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Create Accounting not created for Opening depreciation

edited Jun 21, 2014 5:00AM in Fixed Assets - EBS (MOSC) 8 commentsAnswered
 I have uploaded an asset in the mid of the year by giving accumulated and YTD depreciation. When running the depreciation its not taking opening depreciation in the head of depreciation adjustment. As per the standard functionality, it should show the opening dep amount on the depreciation adjustment and at the time of running addition accounting it must show the below entry
Example:

Asset Cost: 12000
Asset Acc Dep: 2000

While running asset depreciation, the following accounting must be generated:

Asset Cost         12000
Asset Clearing               12000

Dep Exp             2000
Acc Dep                         2000

The above thing is working fine if am not giving any depreciation figure and allowing oracle to calculate catchup depreciation.

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