How is Depreciation Calculated with a Monthly Depreciation Calendar, Monthly Prorate Calendar and Depreciation Allocation = By Days?
Last updated on NOVEMBER 18, 2016
Applies to:Oracle Fusion Assets Cloud Service - Version 22.214.171.124.0 and later
Oracle Fusion Assets - Version 126.96.36.199.0 and later
Information in this document applies to any platform.
How is depreciation calculated for assets when book is set up with:
Depreciation Calendar: Monthly
Prorate Calendar: Monthly
Depreciation Allocation: By Days
Will the system calculate depreciation from Date Placed in Service (DPIS) to end of month in the first period of life?
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