Depreciation/What-If
Discussion List
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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 … -
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 2 views 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
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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… -
Where is the depreciation accounting string stored?Hi, I need to pull in the periodic depreciation accounting string (more specifically the description on the cost center value) into a report - which column is this store…
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Asset Depreciation Accounting gets invalid after an impairment.Summary: Hello, I did an impairment for an asset in September. However, when we run the create accounting after the impairment, the create accounting program was complet…
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Are we able to do Mass update for the asset lives of some asset categoriesSummary: Are we able to do Mass update for the asset lives of some asset categories may be some RI file? Please let us know how to do mass update? Content (please ensure…
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Asset Create Accounting process completes in warningSummary: Asset Create Accounting process completes in warning Content (please ensure you mask any confidential information): I am getting the following error: Periodic D…
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Need to default bonus rule based on Asset's in-service dateSummary: We have section 179 requirement where bonus depreciation varies as per year when asset is placed in service e.g. Asset having in-service date of 2024 to have bo…
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How to depreciate Balance CostSummary: How to depreciate Balance Cost Content (please ensure you mask any confidential information): Business shifted the office from one location to another. During s… -
Depreciation Digressive method for Local Poland Tax BookSummary: Polish Finance Team requested additional Depreciation method for Polish Local TAX Asset Book. For some categories need to run Special Digressive method: In degr…
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How to configure Tax Depreciation for Section 174Summary: Hi, We have a requirement to do Tax depreciation under section 174 in Tax Book where we have to depreciate CIP assets in Tax book until assets are capitalized i…
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Create Accounting Has to Be Run Multiple times at Month EndSummary: We have a asset accountant who has to run create accounting multiple times at month end in Final Mode. Content (please ensure you mask any confidential informat…Robert G Wilkinson 61 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Accumulated depreciation reserveSummary: Asset category depreciation reserve account was configured with wrong account( Cost account). Depreciation accounting ran for Sep-24 and depreciation reserve go…
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Depreciation Amounts to each variationSummary: Assistance Required for Understanding Depreciation Calculations Content (please ensure you mask any confidential information): Hello, I need assistance to under… -
Uncapitalize an asset from the prior periodSummary: Content (please ensure you mask any confidential information): Asset #900201 - Was incorrectly capitalized in 2021. This piece of equipment has never been used …