Depreciation/What-If
Discussion List
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we have a requirement to change the default cost center from 000 to 990 for depreciation expensesSummary: we have a requirement to change the default cost center from 000 to 990 for depreciation expenses account for all the assets associated with all the books. we w… -
Converted Asset - YTD depreciation wrongSummary: We have converted assets, where the file was loaded with depreciation calculated for the month, and then at month end, depreciation ran again for same month. So…
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Does Oracle Fusion Assets support State Specific Depreciation Calculation ?Summary: As part of Tax Department requirement to calculation Bonus Depreciation, Some states like Illinois, Pennsylvania have chosen not to take advantage of Bonus Depr…
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How STL 80B HY depreciation method is calculated and setup in OracleSummary: Customer needs "STL 80B HY" method to be used in assets. This method is currently unavailable in Cloud 23A. As per support, this method won't be available direc…
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Accelerating depreciation for a part of an asset's costSummary: What is the best way to accelerate depreciation for a part of an asset's cost? Content (required): Let's assume we have an asset for $10,000 which is using Stra…
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We wanted to check Fixed assets specific category wise (Based on Sub-Minor Category) depreciationSummary: We wanted to check Fixed assets specific category wise (Based on Sub-Minor Category) depreciation for present as well future period. Content (required): We want…
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Formula based depreciation rateSummary:- How to calculate depreciation rate using formula based function and taking useful life as base? Attach is the calculation in excel along with formula which is …
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Launch Depreciation What-If Report in BatchSummary: Content (required): The Assets Depreciation What-If Report requires front-end entry using the "Perform What-If Analysis" screen. Is it possible to instead launc… -
Asset Workbench-depreciable BasisSummary: What does depreciable basis field mean in asset workbench Content (required): For some assets the value of depreciable basis is equal to asset cost and for some…
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Is it a possibility to delete a transaction in Asset Book?Summary: Dear All, I would like to delete an Adjustment Transaction on Asset Book The depreciation has already been performed. It's possibility to reverse this Adjustmen… -
Issue with MACRS HY recording last year of depr in Dec of Yr 5 rather than flowing to Yr 6Summary: Issue with MACRS HY recording last year of depr in Dec of Yr 5 rather than flowing to Yr 6 Using Oracle Seeded table and Placed in Service date = 1/1/2018 *Comp…
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Mark Asset as 'Fully Depreciate' based on the cost amountSummary: When an asset is created (added) into the asset module it will be marked automatically as "Fully Depreciate" if the cost of the asset is below a certain thresho…
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Projection report for Fixed Assets in Oracle Cloud similar to EBSSummary: Hi All, Our client is currently on EBS and in EBS there is a functionality to run Projection Detail Report and Projection Summary Report for Fixed Assets Deprec…
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Newly capitalized asset impaired calculates depreciation.Summary: Content (required): A newly capitalized asset with no depreciation is depreciated for the month of impairment. Version (include the version you are using, if ap… -
The issue: No results has been found in report and the impairment cannot be posted.Dear All, Kindly not the following Steps that I took: 1- From Assets --> Taskbar --> Impair asset --> Click on "+" icon to download the spread sheet 2- In the Spreadshee… -
How to Post Impairment of an asset?Hello, I have 3 questions: 1) How to Post Impairment of an asset? 2) How to add the Net Book Value? 3) What are the steps to be taken after posting so that the report of…
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How to hide specific info let under Asset through sandboxSummary: We have created one custom role with limited privileges and it gives access to additions, Depreciation infolet under Fixed Asset . As per client requirement, we…
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How can manage multiples Expense Account distribution in One AssetOur current scenario needs to distribute the expense account of a builder it shares in different cost centers and Bussine unit segment in this case business unit is part… -
What if depreciation analysis for hypothetical assets for multiple categoriesSummary: How can we do What if Depreciation analysis for multiple hypothetical assets/categories at a time. Is there any spreadsheet available for the same or any workar…
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Check NBV/WDV of an asset on particular future date in fusionSummary: Check NBV/WDV of an asset on particular future date in fusion Content (required): Version (include the version you are using, if applicable): Code Snippet (add …
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Will Oracle push out the new MACRS bonus Depreciation Methods in the next quarterly release?New depreciation method rates for 2023 related to MACRS bonus depreciation methods are needed as per the Tax Cuts and Jobs Act I see there is a document Doc ID 2860300.1…
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How to find which Accounting Rule/Journal Entry Rule generated an Accounting EntrySummary: Do we have a report by which we can find out the details fo the Accounting rule .Journal Entry rule was used in SLA for generating a accounting entry. In EBS we…
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How to extract (Report) the data about assets to tie the trial balance?Summary: We need a report or a way to extract the information regarding assets to tie to the trial balance. Content (required): Hi, Please help with a report or a way to…