Incorrect Depreciation/NBV After Updating Depreciation Rate for Asset Category
Hi All,
We are facing an issue in Oracle EBS R12 Fixed Assets related to depreciation rate changes, and I would appreciate guidance from the community.
Scenario:
- We uploaded opening balances in FA using the Reducing Balance method.
- For the Computer Assets category, depreciation rate was set to 33% during upload (FA period JUL-24).
- In JAN-25, we identified the correct rate should be 33.33%.
- We tested this in TEST environment (changing 33% → 33.33%), ran depreciation for several periods, and everything worked correctly.
- Based on successful testing, we deployed the change in PROD for all assets belonging to that category.
Issue in Production:
After changing the depreciation rate to 33.33%, we noticed inconsistent behaviour across assets:
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