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R11i How Does Oracle Assets Calculate Depreciation for FOL MONTH Prorate Convention and Flat Rate Depreciation Method? (Doc ID 457867.1)

Last updated on SEPTEMBER 21, 2023

Applies to:

Oracle Assets - Version 11.5.10.0 and later
Information in this document applies to any platform.
FADEPR - Depreciation
Prorate Convention
Flat Rate Depreciation Method

Goal

The following example shows how Oracle Assets calculates the depreciation for assets using the Following Month (FOL MONTH) prorate convention and Flat Rate depreciation method and the effect of the 'Depreciate when placed in service' flag on the calculations.

 

Solution

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