Depreciation/What-If
Discussion List
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is it possible to get unit-wise cost and depreciation details of an asset?Summary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t… -
How to setup straight line depreciation method by dividing the NBV by the remaining number of monthsSummary: Customer has assets that currently using straight line depreciation method by dividing the NBV by the remaining number of months. Since Oracle standard STL used…
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Revaluation to happen for the original useful lifeSummary: Content (please ensure you mask any confidential information): Hi Client has the below scenario Asset Cost- 100,000 DPIS - 31 Mar 2021 Useful Life - 5 years. Mo…
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Lease ExtensionSummary: When a lease is extended via Manage Leases (or Lease Amendment), should the corresponding lease asset's depreciation period automatically update, or is a separa…
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Initial Allowance Calculation in Fixed Assets Taxbook in Hong KongSummary: How Oracle is supporting to calculate the Initial Allowance Calculation in Fixed Assets Taxbook in Hong Kong Content (please ensure you mask any confidential in…
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Depreciation IssueSummary: Content (please ensure you mask any confidential information): We have a scenario as below. 1. We have purchased an asset as at 30th Mar 2024. 2. Asset book has…
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Closing FA period with no depreciation, but no catch-up depreciation when depreciation resumes?Summary: Due to regulatory reporting requirements, we must migrate all of our assets in the prior period to go live. Ideally, we would migrate the assets with their go-l…
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Depreciation Method used in Calculating Asset DepreciationSummary: Is there any standard report available in system to show only the Depreciation method STL is used to calculate Asset Depreciation? Content (please ensure you ma…
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Accumulated Depreciation Accounting Entry not GeneratedSummary: While creating the asset from AP Invoice source line user have updated the asset cost by mistake for an Asset. To rectify this we performed Asset Financial info…
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How to Configure MACRS 100B HY and MACRS STL100BSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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How does Oracle incorporate annual tax updates, such as the Tax Cuts and Jobs Act?How does Oracle manage annual tax updates, such as those from the Tax Cuts and Jobs Act? These updates typically encompass changes to tax rates, regulations, and calcula…
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Reverse Asset and Accumulated DepreciationSummary: Content (please ensure you mask any confidential information): Asset purchased in June 2025, the entire amount including taxes has been refunded due the asset b…
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How to depreciate CIP assets in tax bookBusiness wants to depreciate their CIP assets, in tax book, but not in their corporate book. This is so that they can benefit from the US tax laws which enables business…
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Need FAR Data to Auto‑Populate in Manage Physical Inventory Excel Instead of Blank TemplateSummary: Need FAR Data to Auto‑Populate in Manage Physical Inventory Excel Instead of Blank Template Content (please ensure you mask any confidential information): In th…
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Fixed Assets Depreciation Calculation Process is FailingSummary: We have made two asset depreciation account transfer transactions for one leased asset. Now when we are running calculation depreciation process, the process is…
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How can the depreciation of an asset be charged across multiple Cost centresSummary: The depreciation charge of an asset needs to be split across two or more cost centres but the asset cost being booked under only one cost centre. Is this possib…
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First month depreciation using monthly depreciation calendar and daily prorate conventionThere are assets added in the current period but first month depreciation is calculated inaccurately and second month onwards its as per the cost/life. E.g. Asset Cost: …
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Formula based depreciation method not calculating the correct depreciation in year of accquisitionSummary: I am trying to create a formula based depreciation method for an Intangible asset. Its based on the % assigned to each year. Content (please ensure you mask any…
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OFC Fixed Asset Form 4562The IRS Form 4562 needs a breakout of bonus and regular depreciation for the year. We had a custom report that was giving us this data, but due to changes in the system,…
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Change GL date for assetsSummary: Hi, We have below situation. GL period is closed for Nov-25. Asset book is open for Nov-25. So, if I close the book current month depreciation will run. The sys…
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Unexpected Depreciation Expense for One Period in Asset with Daily ProrateUnexpected Depreciation Expense for One Period in Asset with Daily Prorate
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Fixed asset YTD deprecation Value IssueIn Fixed Assets, the depreciation data displayed in the application is different from the data stored in the Oracle database tables (FA_DEPRN_SUMMARY and FA_DEPRN_DETAIL…
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Accumulated Deprec greater than Asset Cost and YTD Deprec greater than Accumulated DepreciationWe know that below listed are legitimate errors during DM. But Client would like to keep the data as is, Can Oracle be configured to bypass these errors: Check1: Accumul…
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Want to know if Deferred Continuity Schedule Functionality is available in Fixed Assets Module.In our organization , any donations received for a capital investment, are also amortized over the life of the asset, offsetting the cost. Need to know if Calculation of…
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How Formula based depreciation works in oracle fusion?Summary: How Formula based depreciation work in oracle fusion? We have requirement where 3 Years of asset life should be depreciated 30% with declining balancing rule an…
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Not Able to Check the Depreciation End Date for AssetsWe are not able to check when the exact end date of Depreciation is for the assets in the system. We can view only the Useful Life and The Date Placed in Service informa…
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wrong Depreciation calculation of assetDate In service 18-02-2014 Current Cost 15,800,000.0000 Original Cost 15,800,000.0000 Net Book Value 361,593.2425 Salvage Value 1.0000 Recoverable Cost 15,799,999.0000 D…Kailash Joshi 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets