How Deferred Depreciation Is Calculated When Asset Is Fully Reserved In Tax Book
(Doc ID 2226690.1)
Last updated on FEBRUARY 06, 2017
Applies to:Oracle Assets - Version 188.8.131.52 and later
Information in this document applies to any platform.
How assets calculate deferred depreciation when asset is fully reserved in Tax Book before Corporate Book?
Asset Cost: 7,200.00 ( same in both: tax and corporate book)
Depreciation Method: STL
Life: 6 years in Corporate Book , 5 years in Tax Book
Placed in service - 01-Jan-2012
Asset will be fully reserved at the end of period Dec-16 in Tax Book.
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