How is Depreciation Calculated with a Monthly Depreciation Calendar, Monthly Prorate Calendar and Depreciation Allocation = By Days?

(Doc ID 2205522.1)

Last updated on APRIL 22, 2018

Applies to:

Oracle Fusion Assets Cloud Service - Version and later
Oracle Fusion Assets - Version 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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