My Oracle Support Banner

R11i How To Charge 100% Depreciation In The Period Of Addition When Depreciation Is Divided By Days (Doc ID 261843.1)

Last updated on FEBRUARY 23, 2021

Applies to:

Oracle Assets - Version 11.5.10.0 and later
Information in this document applies to any platform.
FADEPR - Depreciation
Period of Addition

***Checked for relevance on 25-Jan-2013***

Goal

Need to Depreciate Assets to the extent of 100% in the Period of its Addition.

Defined the Depreciation Method as follows:
Method Type : Straight Line
Calculation Basis : Cost
Depreciate in Year Retired Check Box : checked
Life in Years : 0 Years & 1 Month

Depreciation is divided by days in the Book controls form.

Because in a by days set up, for a 30 days period, some fraction of the depreciation is left behind and the asset is not depreciating 100% in the period of addition.

 

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.