What Is the Formula For the Retirement Expense Amount of a Partial Retirement?

(Doc ID 462221.1)

Last updated on DECEMBER 08, 2017

Applies to:

Oracle Assets - Version 11.5.9 and later
Information in this document applies to any platform.

Goal

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?

Solution

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