Depreciation not calculated!!!

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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M123
Posts: 42
Joined: Fri Nov 07, 2008 12:02 pm
Location: Sri Lanka

Depreciation not calculated!!!

Post by M123 »

Dear Experts,

Pls help me to solve this issue,

for som assests depreciation does not charge ,although depreciation is run and created journal entries.

Thanx
oracleapps1983
Posts: 256
Joined: Thu Aug 07, 2008 3:48 am
Location: USA

Post by oracleapps1983 »

Dear M123

Please be specific in your Question
M123
Posts: 42
Joined: Fri Nov 07, 2008 12:02 pm
Location: Sri Lanka

Post by M123 »

Hi,
I'll give som infor relating to an asset which hav the problem,

Cost- 35,191.00
NBV- 17,595.50
Date in service -25-JUN-2001
Life - 10 years
Remaining life -3 years and 4 months

BUT depreciation has not been charged from jun 2007 on wards,

Regards,
M123.
oracleapps1983
Posts: 256
Joined: Thu Aug 07, 2008 3:48 am
Location: USA

Post by oracleapps1983 »

Check Depreciation check box is enabled or not

or

Check Prorate Conventions.

Or

are u using different calender for that asset

Let me get some for the above one
M123
Posts: 42
Joined: Fri Nov 07, 2008 12:02 pm
Location: Sri Lanka

Post by M123 »

Yes depreciation check box is enabled

There is no problem with the prorate conventions,specially cz it was
purchased a long time ago,

How can i check whether if its having a diffrent calendar assighned?
Isnt it common for the whole asset book?

Regards,
M123.
M123
Posts: 42
Joined: Fri Nov 07, 2008 12:02 pm
Location: Sri Lanka

Post by M123 »

Hey everyone I just got the issue solved,

Didnt do much..Just un ticked the depreciation,saved it and againt enabled and raun the depreciation.

Hope this might useful for you as well,

Regards,
M123.
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