Depreciation/What-If
Discussion List
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Does the oracle supports the Asset depreciation calculation based on Original cost as well?Hi Team, Business has a requirement to have the Depreciation calculated based on Current Cost as well as Original Cost so as to show them as comparison in their Annual R… -
Does Asset offers SL/GDS depredication methods?Client is looking for the way to depresitate their asset using SL/GDS depreciation methods, is there depreciation methods in Oracle?
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Depreciation Method for Leasehold Improvement AssetOrganization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Deloitte Description (Required): Issu…
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For a client, the requirement is to calculate depreciation as below:If the asset is bought is between 1st to 10 th of the month then depreciation should be calculated in same month, otherwise in next month. How can we set it up?Snigdha Jain 11 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Calendar Change impact on prorate convention and table based depreciation methodWe are implementing calendar change from fiscal year (Jun-May) to calendar year (Jan-Dec), what will be the impact on prorate convention and table based depreciation met…
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Fixed Asset Depreciation for Tax Book ITALYHello Experts, Client Requirement: The requirement is for Tax book depreciation calculation for ITALY. ITALY has different requirement to calculate depreciation for tang…
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How to set up depreciation beyond useful life for assetSummary: How can I enable the option to allow oracle FA to automatically depreciate an asset until a set depreciation limit, beyond set salvage value, and beyond set use… -
System is showing YTD bonus depreciation for past year assetSummary: Asset was added in the system in March'25 with back dated DPIS 22 Apr 2024. Then the asset was copied from CORP book to tax book. In one of the tax books, a 60%…Shrikant Jain 22 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Is it able to revise the registered Assets' "Depreciate" column?Some Assets registered by FBDI have a mistake on "Depreciate" column. I want to revise the "Depreciate" column from No → Yes. Are there any way to revise this? -
Annual special depreciation in Oracle assetWhat is annual special depreciation in Oracle asset? and how can we calculate these values.
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How to create daily and monthly depreciation within the same ledgerOur client uses monthly depreciation for most of the categories, but for the lease categories, he uses a daily depreciation Is there a way to consider both of the method…
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Is there a way to change the depreciation account for adjustments related to prior years?As per accounting standards, any catch-up depreciation pertaining to previous periods should be charged directly to Retained Earnings (or Accumulated Surplus for governm…Anne Nicole 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Depreciation can be charged to Construction in Progress (CIP) or directly to depreciation expenseClient’s Requirements: During the construction period, all costs related to the construction of Property, Plant, and Equipment (PPE) should be recorded under Constructio…Anne Nicole 21 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Is there a way to filter the result of OTBI Report?Summary: I am creating Asset OTBI Report to capture the assets that registered with past dates since there is no standard report is available. I have created OTBI below …Karen Ito-Oracle 1 view 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Can someone please explain the YTD depreciation on this asset as calculated by Oracle.Summary: The asset details are as below :- Pro rate calendar: May- April Fiscal year: May-April In service Date :- 1/1/2023 , Entered Period: Jul-25 Asset cost: 40,000 C…
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How to download Oracle MACRS depreciation method ratesHow to download Oracle fixed asset MACRS depreciation method rates
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Stop Depreciation when Salvage Value exceed NBVWe have a requirement to Stop Depreciation when Salvage Value exceed NBV.
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Any plan to deprecate EPM SKUs?Summary: We would like to know if there is any plan to deprecate these SKUs and if there is some mandatory plan to move to B91074 - Oracle Enterprise Performance Managem…iagutierrezm 22 views 2 comments 0 points Most recent by Al Marciante-Oracle EPM Platform and Freeform
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Already created assets now need stop depreciationSummary: Dear Team, Already created assets now need stop depreciation. Particular Category for example 300 Assets need to stop depreciation Content (please ensure you ma…
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Asset depreciation to start from future dateSummary: Hi Team, we are looking for a solution where users can select the depreciation start date for a capitalized asset to be in future period. Content (please ensure…Ankit Sinha 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Asset Capitalization Date in OTBISummary: We have created an analysis on Depreciation Real time subject area. There is an asset which is capitalized in Mar-25 period with date placed in service as 15-Fe…
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Defaulting Tax Book Depreciation Expense Account Combination From Category After Periodic Mass CopyHello Everyone, I am working on a requirement where the depreciation account combination should be different between Corporate and Tax Book. While copying the assets to …Philip John 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Is there a way to determine an asset is registered with a past date?Summary: Is there a way to determine when an asset is registered with a past date? We are looking for the way to know on which asset the depreciation is recorded for the…Karen Ito-Oracle 1 view 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Has anyone set up different depreciation rates for an asset eg 40% Year 1, 20% in Year 2?Summary: I would like to set up different depreciation rates for an asset eg 40% Year 1, 20% in Year 2 Content (please ensure you mask any confidential information): I h…
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Assets calculating depreciation even though Fair Val revaluation was done on last day of the periodHi, Asset is being depreciated again for the period even though it was revalued on last date of the period by Fair Value under UK Government Revaluation rules. Ideally f…
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How the YTD depreciation is calculated in the system under different depreciation methods.Summary: How the YTD depreciation is calculated in the system under different depreciation methods. Is there any standard logic or formula which can be applied to all as…
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Asset depreciation by additionSummary: When a new source line is added to an existing fully reserved asset, depreciation is taken in full in the current month and does not recalculate depreciation. T…
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Is this possible to close the FA period without calculating depreciation for one day for a new assetHi Team, India bookkeeping system FY starts from Apr ended in Mar. Now we need to upload asset in Mar-24 with DPIS 31-Mar-24, but system should not calculate depreciatio…Raj Thirumal 31 views 5 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets