How Does Fusion Calculate Depreciation with Daily Method and Depreciation Reserve?
(Doc ID 2136951.1)
Last updated on MARCH 25, 2021
Applies to:Oracle Fusion Assets Cloud Service - Version 188.8.131.52.0 and later
Oracle Fusion Assets - Version 184.108.40.206.0 and later
Information in this document applies to any platform.
Current period = Apr-2016
Amortization Flag = Yes
Amortization Start Date = Apr-2016
Life = 6 years
Date Placed In Service = 1/20/16
Depreciation Method = STL 5 years
Asset Cost = 1,125,000
YTD Depreciation Reserve = 44,335.00
Depreciation Reserve = 44,335.00
How does the System Calculated Depreciation Expense for Apr-2016 = 18,491.91
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document