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Special Percentage Required In Depreciation Method For Asset Level (Doc ID 2444769.1)

Last updated on MARCH 12, 2021

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Goal

We need special deprecation methods for specific assets.
For Example:Asset is capitalized.
Asset Cost: 10000
Asset Life : 3 Years
Deprecation should be calculated like below expected.
1 year 70% = 10000*70%=7000 for a year and 7000/12= 583.33 PM
2 year 20 % = 10000*20%=2000 for a year and 2000/12= 166.66 PM
3 Year 10 % = 10000*10%=1000 a year and 1000/12= 83.33PM

Please verify and advise how to achieve above requirement through depreciation Methods setup ?
 

Solution

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In this Document
Goal
Solution
References


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