How To Avoid “catch-up” Depreciation Adjustment, When An Asset Life Is Changed?
(Doc ID 2296311.1)
Last updated on FEBRUARY 01, 2021
Applies to:Oracle Assets - Version 12.1.2 and later
Information in this document applies to any platform.
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?
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