Does the oracle supports the Asset depreciation calculation based on Original cost as well? — Cloud Customer Connect
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Does the oracle supports the Asset depreciation calculation based on Original cost as well?

in Assets 3 comments

Hi Team,

Business has a requirement to have the Depreciation calculated based on Current Cost as well as Original Cost so as to show them as comparison in their Annual Reports. Is there a way to capture Original Cost based depreciation or if there is any standard report that supports it?

Or else should we consider a tax book or a custom report to cater to this requirement?

Appreciate your inputs.

Thanks,

Prad

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