Depreciation/What-If
Discussion List
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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… -
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…
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Unplanned depreciation on Group Assets missing in Reserve Summary and Detail reportsSummary: Unplanned depreciation on Group Assets is missing in the Reserve Summary and Reserve Detail reports Content (required): We have created multiple group assets an…
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Customized Depreciation calculation formulaSummary: Want to use Straight Line Method Depreciation on NBV Basis. Content (required): Hello, We want to have a custom depreciation formula. Our formula will be like -…
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Client require Opening and closing WDV column of an asset on What if analysis report outputSummary: Content (required): Version (include the version you are using, if applicable): Code Snippet (add any code snippets that support your topic, if applicable):
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Can anyone help on the workaround mentioned in Oracle Document ID 1553588.1 for reinstatementSummary: Hi All, Can anyone please help me in understanding the workaround for reinstatement of assets in case there are multiple partial retirements. They have mentione…
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Difference between the work around for split asset once an asset is posted by OracleSummary: Hi, Can anyone please explain the difference between the work arounds mentioned for splitting an asset once they are posted as provided in Oracle Document ID 28…
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Pause Depreciation and move the life if Depreciation is suspendedSummary: Hi, Our client wants to have a Local or Tax book that will suspend depreciation on first month, and then resume depreciation to the next month. But we are using… -
Why fixed asset disposal report shown different GL account for the same assetSummary: Fixed Asset Disposal Report Shown Different GL Account For The Same Asset After the asset is retired, ran FA Disposal report from the dashboard and the output i…
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Prorate Date - Half year convention - Change in Fiscal CalendarSummary: Change in fiscal year impacts converted assets with Half-Year convention. Content (required): We onboarded a new market and the Assets were converted to our cur…
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Recommended depreciation method (year1= 40%, year2 = 15%, year3 = 15%, etc)Summary: What is the recommended depreciation method for the following schedule (year1 = 40%, year2 = 15%, year3 = 15%, year4 = 15%, year5 = 15%)? Content (required): Re…
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Asset Category Depreciate Flag set to NoSummary: Dear Experts , We have an asset added to category where depreciate flag is set to No, Asset was added in July and in September we have changed the asset categor…
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Depreciation rounding logicSummary: I am looking to understand how depreciation rounding works and if there is a way to setup a specific number of decimals Content (required): We noticed a slight …
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Setup a new table depreciation method that's not workingSummary: Setup a new table depreciation method (attached) that should use 40% year 1 period 7 through year 2 period 6 and then 15% after that. It's not working. Content …
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Depreciation Expense is appearing zero in Asset Cost and Reserve report for Tax Asset BookSummary: We ran depreciation for the current period and then submitted Asset Cost & Reserve Report ESS job for the previous closed period. The report generated is showin…
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Depreciation CalculationSummary Need to start calculating depreciation for an asset which previously had not depreciatedContent Hi, My client purchases assets such as computers and maintain the…
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Asset Adjusted due to incorrect life need desired resultsSummary: Assets uploaded with wrong life . Depreciation values changes. Realized later by the user. Now system is not allowing to get expected results if we change life … -
Depreciation calculation after Adjustment to AssetSummary: An Asset Cost is Its life was periods 120 which was put wrongly. so it calculated YTD depreciation for May 2022 as When adjusted and corrected to Life in period…