R12.1: Depreciation Limit / Depreciation Ceiling is Not Taken in Consideration in the Last Period of Depreciation
Last updated on OCTOBER 12, 2016
Applies to:Oracle Assets - Version 12.1.3 and later
Information in this document applies to any platform.
When an asset has a flat rate depreciation method and is using depreciation ceiling, in the last period of depreciation depreciation does not take in consideration the depreciation ceiling. Thus, after depreciation find the depreciation reserve is the same with the cost.
Expect in the last period of depreciation for depreciation reserve to stop at cost - depreciation ceiling amount or percentage.
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