How To Catchup Depreciation For Cost Adjustments To Amortized Assets In Period Of Addition?
Last updated on DECEMBER 07, 2017
Applies to:Oracle Assets - Version 22.214.171.124 to 126.96.36.199 [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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