What Is the Formula For the Retirement Expense Amount of a Partial Retirement?
(Doc ID 462221.1)
Last updated on JULY 12, 2022
Applies to:Oracle Assets - Version 11.5.9 and later
Information in this document applies to any platform.
1. What is the formula used to calculate the retirement expense amount during a partial retirement of an asset?
2. What is the formula used to calculate the retirement expense amount during a current period partial retirement with a following month retirement convention for an asset that is depreciating with a beginning period depreciable basis rule?
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