My Oracle Support Banner

SICOM: Depreciation Calculation In Tax Book Based On Asset Cost/NBV Threshold Value. (Doc ID 1945468.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.


Depreciation calculation is based on threshold amount of Asset Cost or Net Book Value.

If Asset Cost/NBV is greater than Threshold Amount, depreciation calculation should be based on the threshold amount only.
If Asset Cost/NBV is below a Threshold Amount, full asset cost/NBV is charged as depreciation for the current year.

Is there a setup in Oracle Assets which can enable us to implement the above?


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

This document is being delivered to you via Oracle Support's Rapid Visibility (RaV) process and therefore has not been subject to an independent technical review.
My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.