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Deferred Depreciation Functionality Oracle Assets

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edited Oct 28, 2019 10:15AM in Assets 1 comment

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Hi all,

I've got a question on the Deferred Depreciation functionality in Oracle Assets. The Deferred Depreciation Expense and Reserve Accounts are mandatory to fill in for each Asset Book that is being created. However, as far as I understood the functionality itself, the Deferred Depreciation functionality calculates the difference between the Corporate and Tax Book as reporting and tax regulations may require one to account for temporary differences in expenses between those books. Now what I saw from the functionality in the system, Oracle calculates the differences between Corporate and Tax Book (by running the Calculate Deferred Depreciation) and subsequently (by

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