How Is Period Of Addition Depreciation Expense Calculated With Daily Prorate?
(Doc ID 889164.1)
Last updated on OCTOBER 09, 2023
Applies to:
Oracle Assets - Version 12.0.6 and laterInformation in this document applies to any platform.
FADEPR - Depreciation
Period of Addition
Daily Prorate
Goal
How is the period of addition depreciation expense calculated with:
- Monthly Depreciation Calendar
- Daily Prorate Calendar
- Daily Prorate Convention
- Divide depreciation is set to 'Evenly' in Book Controls form (fa_book_controls.divide_deprn = E)
Cost = 23,000
Life = 3 years
DPIS/ prorate / deprn start date = 15-APR-2009
Solution
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