Bonus Depreciation Frequently Asked Questions
(Doc ID 1106288.1)
Last updated on NOVEMBER 08, 2022
Applies to:
Oracle Assets - Version 11.5.10.2 and laterOracle Fusion Assets Cloud Service - Version 11.13.21.01.0 to 11.13.21.01.0 [Release 1.0]
Information in this document applies to any platform.
Purpose
This FAQ document identifies the most frequently reported questions and common issues relating to the Oracle Assets bonus depreciation.
Questions and Answers
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In this Document
Purpose |
Questions and Answers |
1) How to disable a bonus depreciation rule? |
2) How is Polish tax depreciation related to bonus depreciation? |
3) What is the use of the one time check box while defining the bonus rule? |
4) What is the use of the Depreciation Factor and Alternate Depreciation Factor while defining the bonus rule? |
5) What is the combined list of patches for the Bonus AMT MACRS Methods Job Creation and Worker Assistance Act on 11i? |
6) Why is there an error when trying to remove the Bonus Rule: ''FRM-40202: Field must be entered''? |
9) There is incorrect bonus information after a backdated addition with bonus in Release 12. |
10) In Release 12, when a retirement journal is generated in General Ledger, there are no bonus reserve journal lines when an asset with bonus deprecation is retired and Workflow is used. |
11) When entering bonus depreciation rules, getting the following error: ''Your First Bonus Rate Must Begin with Year 1'' |
12) When attempting to do a mass reclassification, some assets fail with the following error: Error: Unable to update bonus rule in fa books table |
13) Is bonus depreciation functionality available for group assets? |
14) How is bonus depreciation calculated? |
15) How to implement the 100% bonus depreciation US tax law signed Dec 17 2010? |
Still Have Questions? |
References |