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Depreciation Calculation Different Than Expected For Asset Added In Previous Fiscal (Leap) Year (Doc ID 2698341.1)

Last updated on AUGUST 11, 2022

Applies to:

Oracle Assets - Version 12.2.8 and later
Information in this document applies to any platform.

Goal

It is noted that for an asset added on the last day of the previous fiscal year, the depreciation is such that an extra day is being calculated in the catchup depreciation amount. Why is this occurring?

Solution

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In this Document
Goal
Solution


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