R11i to R12.1 Incorrect Depreciation Amount Calculated When Using Flat Rate Depreciation Method And Following Month Prorate Convention (Doc ID 234197.1)

Last updated on MAY 17, 2017

Applies to:

Oracle Assets - Version 11.5.9 to 12.1.3 [Release 11.5 to 12.1]
Information in this document applies to any platform.
FADEPR - Depreciation Program
Prorate Convention
Depreciation Method

***Checked for relevance on 30-Jan-2013***

Goal

Incorrect Depreciation Amount calculated When Using Flat Rate Depreciation Method and Following Month Prorate Convention.  Depreciation is calculated from period in which DPIS falls instead
of the period in which prorate Date falls per Prorate Convention set up.

Solution

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