How To Avoid “catch-up” Depreciation Adjustment, When An Asset Life Is Changed?
(Doc ID 2296311.1)
Last updated on DECEMBER 08, 2022
Applies to:
Oracle Assets - Version 12.1.2 and laterInformation in this document applies to any platform.
Goal
When an asset life is changed (ex. From 7 years to 5 years), the system automatically books a “catch-up” depreciation adjustment in the month of the life change. How can we distribute the remaining cost of an asset among the remaining life to avoid “catch-up” depreciation adjustment?
Solution
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In this Document
Goal |
Solution |