Depreciation/What-If
Discussion List
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Bonus depreciation not calculated correctlyHello Colleagues We have requirement to calculate a one-time bonus depreciation in addition to regular depreciations. As per the attached bonus configuration, our prorat…Abdullahi Qasim 16 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
A Depreciation method so that depreciation is not effected by the Cost and NBV revaluation methods.Summary: Current functionality is: If we use the NBV method of revaluation, system update the Current Cost as per below formula and calculates the depreciation on curren…
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How to Reverse a Depreciation Catch-Up When an Invoice Was Added Without Amortization?Summary: Hi everyone, In the Assets UI, a new invoice was added to an existing capitalized asset, but the Amortize checkbox was not selected. Depreciation was then run. …
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prior period depreciation reportSummary: Hi I am looking for a depreciation report for Prior periods . Is there any out of the box report? Content (please ensure you mask any confidential information):…Srini Narayanan 1 view 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Bonus DepreciationSummary: Oracle Assets' seeded bonus methods take the full bonus amount in the fiscal year the asset is placed in service. They do not take the entire amount in first pe…NiranjanPuvvada 24 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Oracle seeded Depreciation methods for Italy in Oracle cloud.Organization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Accenture Description (Required): Eac…Mahipal Reddy Chennagari 51 views 10 comments 1 point Most recent by Mahipal Reddy Chennagari Assets
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From which do we get current YTD depreciation amountWe have below logic to get the YTD DEPRN amount, but the depriciation is not run for sep month hence the query fails as no record in summary table for sep period counter…
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Can we create approval rules for Depreciation TransactionsSummary: Hi, I see that Oracle spreadsheet 'Asset Transactions Approval Basic Template.xslm' has tabs for Addition, Adjustment, Transfer, Retirement and Mass. I have a b…
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The alternative depreciation system (ADS) in relation to the MACRS depreciationSummary: The alternative depreciation system (ADS) in relation to the MACRS depreciation for assets in US. Can you please let us know if Oracle Fusion Cloud supports thi…
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How to default the Asset cost center on the depreciation expense acct from employee default expenseHow can we default the Asset cost center on the depreciation expense account from employee default expense account ?
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How to modify Prorate Calendar for asset bookSummary: Mistakenly defined monthly calendar on Prorate Calendar attribute in Fixed Assets book. Depreciation is setup for daily basis, similarly defined prorate convent…
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Can we calculate depreciation for machines and equipment based on hours of usageSummary: Business requires depreciating the machines and equipment based on the hours of usage Content (please ensure you mask any confidential information): Version (in…Abdelrhman Samy 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Closing Asset Period for multiple books in once instead of closing the period one by oneSummary: We have one asset corporate book (to meet company/group level fixed asset register) and multiple tax books (to meet country wise tax reporting requirements - ap…
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Questions related to Depreciation in Czech RepublicSummary: Questions related to Depreciation in Czech Republic The document "Manage Depreciation and Retirement Rules for Statutory Tax Reporting in the Czech Republic KB8…
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Depreciation Override with UseBy=AdjustmentSummary: I passed some amount in Deprecation Override spreadsheet with UseBy=Adjustment in closed period. That adjustment does not show up on UI. Even when I run depreci…
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how to identify fully depreciated assets in oracle fusion fixed assetshow to identify fully depreciated assets in oracle fusion fixed assetsPL Karthick Ramanathan 21 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How to delete the Depreciation Methods in Bulk in Oracle Fusion AssetsSummary: Is there a process that will do a mass deletion of the seated depreciation methods in Oracle? There are some Depreciation methods created few years back which b…
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How do you amortize intangible assets in Oracle Fusion?Summary: To be clear, we associate the term 'Depreciation' for the Tangible Assets and 'Amortization' for Intangible Assets as per our Accounting Standards. For an Intan…HSBCCFITDESTFC 51 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Asset Additions for a past in service date - Oracle Fusion CloudSummary: Is it possible to add assets (not update/transfer/retire) as they haven't even been added yet) for a previous fiscal year and have the depreciation set for that…
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Table-Based Depreciation Method Not Enforcing 20% Annual Cap with Custom Fiscal Year LogicSummary: Table-Based Depreciation Method Not Enforcing 20% Annual Cap with Custom Fiscal Year Logic Content (please ensure you mask any confidential information): We hav…
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How table based depreciation method works in oracle fusionWe have requirement where depreciation rate will be change after 3 years of asset life. E,g. Asset life is 5 years, so 3 years depreciation will be 30% and for remaining…Abhijit.tarsekar 42 views 5 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Accumulated Depreciation not getting copied in Mass Copy in Tax Book (secondary book)Summary: Accumulated Depreciation not getting copied in Mass Copy in Tax Book (secondary book) Content (please ensure you mask any confidential information): We loaded f…
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How to reinstate the zero amount balance assets but not yet retiredHi, It is possible to reinstate the asset number with zero amount balance, if the adjustments process used to zero out the net book value was depreciation override. They…
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want to change (Divide Depreciation) from " Evenly" to "By Days"Summary: we want to change the "Divide Depreciation" from " Evenly" to "By Days". Is it possible as we already have the data in our system for the past three years (from…
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Units of Production (Cost basis vs net book value basis)Summary: Hi We are trying to understand the difference between production based methods (one with Cost as calculation basis and Netbook Value as calculation basis). We c…Vignesh.J.S-Oracle 13 views 5 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How to update asset calendar datesSummary: Content (please ensure you mask any confidential information): User have incorrectly setup the end date for January which doesn't align with GL calendar. How to…Bhanu Prakash Sharma 23 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
Discounted Payment Terms and Fixed AssetsSummary How to configure so payment amount flows to Fixed AssetsContent If paying an invoice from a supplier with discounted payment terms, how can we get the paid amoun… -
Depreciation Treatment for Cost Adjustments in Tax BookHi Experts, We maintain both Corporate and Tax books, with the Tax book following the Next Month depreciation convention. When we perform a cost adjustment in the Corpor… -
What can cause the "Perform What-if Analysis process id not to be recognized when running the "What-When running the "What-if Depreciation Analysis Report" from Scheduled Processes for particular categories, the associated process instance number from "Perform What-if …