My Oracle Support Banner

How Is Depreciation Calculated For Straight Line (STL) Depreciation Method And Daily Prorate Calendar? (Doc ID 377505.1)

Last updated on AUGUST 21, 2018

Applies to:

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

Goal

How is depreciation calculated for an asset with an amortization start date in the current open period and a backdated DPIS, with a daily prorate?

The setup of the depreciation book is as follows:

- Daily prorate calendar
- Monthly depreciation calendar
- Divide Depreciation : Evenly

The asset information:

Date placed in service (DPIS) : 14-Nov-2003
Amortize Start Date = 30-Apr-2006
Amortize Flag = Y
Cost : 1,020,000.00
Accumulated Depreciation : 0.00
Salvage Value: 112500.00
Life = 40 Years

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!


In this Document
Goal
Solution
 Still Have Questions?
References

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