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 22.214.171.124 and later
Information in this document applies to any platform.
FADEPR - Depreciation
Flat Rate Depreciation Method
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.
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