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 220.127.116.11 and later
Information in this document applies to any platform.
FADEPR - Depreciation
Period of Addition
***Checked for relevance on 25-Jan-2013***
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.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!