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Oracle Fixed Assets Tax Book

in Assets 6 comments

Summary:

Oracle Fusion Fixed Assets Tax Book

Content (please ensure you mask any confidential information):

Hello Team - We are going to implement the TAX book in Fusion Fixed assets.

Below are the key requirements

  1. For Example :- There are 4 categories in the corporate book however in the Tax book that should be mapped with single category with different depreciation and method. As per our understanding oracle provide one to one mapping between corporate and tax book.
  2. For Example :- If business purchased one assets on 31st Mar'25 then that depreciation calculated from 01-Jan-2025 however other assets purchase on 31st Jul'25 then depreciation calculation start from 31st Jul'2025 only.
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