Depreciation/What-If
Discussion List
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53 week calendar depreciationSummary: Retail corporations follow a 4-5-4 calendar. Oracle does not spread the NBV using a straight-line method when the asset life begins or ends in a 53-week fiscal … -
Zero NBV for Decling balance methodWe have the following configuration, one corporate book and two tax books. Tax book 1 which represents the Finnish local tax book and Tax book 2 represent the official a…
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Depreciation Calculation when 50% Bonus depreciation is takenSummary How can we configure the Fixed Assets so that if we take bonus depr at 50% it will use original cost minus bonus depr as the new basis?Content We launched Cloud … -
How do we setup tax books with MACRS HY, 50% Bonus Depreciation and 15% basis reduction?Summary: Client has tax assets that have a 30% energy credit, 15% basis reduction, and bonus deprecation of 50% in first year with MACRS HY. Content (please ensure you m…
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Fixed assets depreciation method not working correctlySummary: Hi Team, We have defined several depreciation methods for flat rate(related to declining balance method for INDIA tax books) which it seems that it is working f…
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Are there any report that can show future Net Book Value (NBV) of assets?I would like to know if there are any reports/features exist in Oracle which can shows the amounts of future Net Book Value (NBV) and depreciation of assets. E.g., forec…
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Is it possible to configure 2 depreciation methods under same asset book?There are 2 asset books to be configured one local tax book another GAAP book For the GAAP book depreciation method is STL and for local tax book depreciation methods ar…
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How does prorate convention daily work with monthly depreciation calendar?Summary: How does the prorate for depreciation works in Oracle? Content (required): Prorate calendar= Daily Depreciation Calendar = Monthly 1.) Capitalised $66,666 with … -
I have data conversion issue in Asset data. Can we create new Asset book?I have a data conversion issue in asset data. Can we create a new asset book? Issue: The client has given the asset register and loaded the asset register into the syste…V K G Raju 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Where can we find configuration package for STL 80B, STL 60B, STL 40B, STL 20B methodsSummary: Where can we find configuration package for STL 80B, STL 60B, STL 40B, STL 20B methods. Content (please ensure you mask any confidential information): We requir…Manne Karthik 101 views 7 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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From where does the Asset Cost Account Code Combination Identifier retrieve its value?From where does the Asset Cost Account Code Combination Identifier retrieve its value?
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What is the correct depreciation rate to be used to set up the following depreciation method?Summary: Kindly help what is the correct rate to be used STL 60B - Straight-Line with 60% Bonus Depreciation STL 80B - Straight-Line with 80% Bonus Depreciation Life in …
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How to perform unplanned depreciation in massSummary: We have a requirement to perform unplanned depreciation for number of assets on periodic basis. How do we do this? Oracle provides functionality to perform unpl…
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Requirement for Deferred Tax Calculation Due to Depreciation MethodSummary: Requirement for Deferred Tax Calculation Due to Depreciation Method Content (please ensure you mask any confidential information): Hello Team, In our Project, t…Rex Kapadia 1 view 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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what are the steps to update the asset lives of Asset Categories using an RI file?Summary: what are the steps to update the asset lives of Asset Categories using an RI file? Content (please ensure you mask any confidential information): Version (inclu…
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Which setup is the default COA for revaluation after running depreciation?Summary: Which setup is the default COA for revaluation after running depreciation?
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How is first month depreciation calculated when prorate date not equal to dpis?Summary: Content (required): Hi, the depreciation of the attached asset (cost 1000, depreciation method 20%) is equal to 1,30 for the first period in service (May-23). T…
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Is there any applicability to distribute the depreciation amount into multiple cost centerAs per customer requirements, the depreciation amount needs to be distributed among multiple cost centers. How can we achieve this? can we achieve it by SLA through a fo…
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what are the setups required for Configure 40% Bonus depreciationSummary: Hi- I need help to configure MARCS Depreciation with 40% Bonus depreciation method. Content (please ensure you mask any confidential information): Version (incl…
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How to configure for Section 179Summary: Hi, We have a requirement to do Tax depreciation for Section 179 in US where we have to put a depreciation ceiling on a group of asset categories (mainly Tangib…
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Duplicate rows in Fixed Assets Depreciation OTBI reportWe've created a custom dashboard to view our Fixed Assets Depreciation, based on the 'Fixed Assets - Asset Depreciation Real Time' subject area. We've found that some as… -
How to create a custom deprecation methodHi Team, Please do let us know, how to create a custom deprecation method based on the below requirement. Please find the attached requirement document https://us.v-cdn.…
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Duplicate rows in Fixed Assets Depreciation OTBI reportSummary: We've created a custom dashboard to view our Fixed Assets Depreciation, based on the 'Fixed Assets - Asset Depreciation Real Time' subject area. We've found tha…
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Intangible Asset check box in Asset catogerySummary: Hi We have a requirement to use intangible asset functionality. Understand that we can check this box for a category and use this category to default a lot of i…
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Is there any report similar to Depreciation projection report?As I knew that Depreciation Projection report is not available in Cloud, and we have to use What-if Analysis Report for the workaround. But to use What-if Analysis Repor…User_1W1HV 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Can the adjust useful life be effective as of current period, which only impact future depreciation?Summary: Can the adjust useful life be effective as of current period, which only impact future depreciation? Content (please ensure you mask any confidential informatio…