How is Depreciation Calculated with a Monthly Depreciation Calendar, Monthly Prorate Calendar and Depreciation Allocation = By Days?
Last updated on APRIL 22, 2018
Applies to:Oracle Fusion Assets Cloud Service - Version 184.108.40.206.0 and later
Oracle Fusion Assets - Version 220.127.116.11.0 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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