Wrong Calculation In Flat Deprecation Method
(Doc ID 2600585.1)
Last updated on OCTOBER 16, 2019
Applies to:Oracle Fusion Assets Cloud Service - Version 11.13.19.07.0 and later
Information in this document applies to any platform.
Wrong calculation in flat deprecation method
Note that when I created a flat deprecation method with 10% rate they result of deprecation calculation is showing in wrong amount for example:
- the asset cost is 100000 and the flat rate is 10% when i ran the deprecation in only 1 month the result would be 6250, instead the correct result should be 8333.
How is the deprn calculated?
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