How Maxican Assets Inflation Adjustment is expected to be taken care in ERP Cloud ?
SummaryMexican Localization Assets Inflation Adjustment
I could not find any documentation for Mexican Localization to handle Assets Inflation Adjustment and its associated reports.
Any help is much appreciated.
Whats R12 (Oracle EBS) Localization offers :
Oracle Assets for Mexico provides the ability to maintain historical and inflation-adjusted balances for assets. Users require the ability
to adjust for inflation the cost of the asset, its accumulated depreciation and the year-to-date depreciation expense to report
their Assets balances in accordance with Mexican accounting principles and to be able to determine taxes accurately.
Oracle Assets for Mexico also provides the following features to adjust asset balances for inflation: