Fixed Assets - EBS (MOSC)

MOSC Banner

FA Legacy data migration - YTD depreciation on disposal

edited Feb 12, 2017 4:01AM in Fixed Assets - EBS (MOSC) 7 commentsAnswered

Hello,

I have FA legacy data migration to R12 Oracle Assets.  I'm struggling to make sense of a scenario of the following disposal.

The following data extracted from legacy system.

DPIS: 01-APR-13

Dep'n: STL 5 years

Cost: 500

YTD Dep'n 2016: 41.65

Accumulated Dep'n: 308.33

Date of disposal: Jun-16

This asset was created in OCT-16 (current period, say this is the period of go-live). Then while still in OCT-16 I disposed it as of Jun-16.

As this is a full retirement, the original cost and Accumulated depreciation will be Nil after running 'calculate gain and loss' but YTD also changes to 23.14.

As this is legacy data, I want to keep this YTD dep'n 41.65, as this is the actual dep'n charge up to May-16. It looks like Oracle thinks this 41.65 is charge up to Sep-16.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Fixed Assets Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center