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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 later
Information 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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In this Document
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