How To Catchup Depreciation For Cost Adjustments To Amortized Assets In Period Of Addition?
(Doc ID 401466.1)
Last updated on FEBRUARY 24, 2020
Applies to:Oracle Assets - Version 18.104.22.168 to 22.214.171.124 [Release 11.5]
Information in this document applies to any platform.
When adding an additional invoice line to an existing asset in the period of addition, the depreciation charged does not backdate to the original date placed in service. Instead, the depreciation charges one full month just for the current period. How to get a depreciation catchup amount taking into account the previous period's charge?
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