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How Deferred Depreciation Is Calculated When Asset Is Fully Reserved In Tax Book (Doc ID 2226690.1)

Last updated on APRIL 04, 2025

Applies to:

Oracle Assets - Version 11.5.10.2 and later
Information in this document applies to any platform.

Goal

How assets calculate deferred depreciation when asset is fully reserved in Tax Book before Corporate Book?


e.g.:
-----
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.

 

Solution

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In this Document
Goal
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