Fixed Assets - EBS (MOSC)

MOSC Banner

Fully depreciated asset gets adjusted cost but is being depreciated from initial DPIS

edited Jun 4, 2019 5:00AM in Fixed Assets - EBS (MOSC) 7 commentsAnswered

Fully depreciated asset from 2014 gets a new amortized adjustment transactions (2) in 04-2019 and increase of cost, adjusted_cost, recoverable_cost, unrevalued_cost, adjusted_recoverable_cost amounts happens. Eofy_reserve amount stays the same.

Next period depreciation calculates monthly depreciation for both initial cost + amortized adjustment amount, and it should only calculate for amortized adjustment amount.

increase of cost :15992,03
1 year depreciation: 7996,015
monthly depreciation 666,33

How to correct that?

            

DATE_PLACED_IN_SERVICEDATE_EFFECTIVEADJUSTED_COSTCOSTPRORATE_DATELAST_UPDATE_DATERECOVERABLE_COSTPERIOD_COUNTER_FULLY_RESERVEDUNREVALUED_COSTANNUAL_DEPRN_ROUNDING_FLAGPERIOD_COUNTER_LIFE_COMPLETEADJUSTED_RECOVERABLE_COSTOLD_ADJUSTED_COST
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

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center