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Depreciation rounding logic

in Assets 1 comment

Summary:

I am looking to understand how depreciation rounding works and if there is a way to setup a specific number of decimals

Content (required):

We noticed a slight difference between the depreciation calculated manually using 2 decimals vs what oracle calculates (the initial input and end result also having 2 decimals. Is it right to assume that the system calculates the depreciation using multiple decimals behind the scenes, then cuts it off to 2 decimals and displays it on the asset?

If so, is there any way to force it to use only 2 decimals in all depreciation calculations?

Version (include the version you are using, if applicable):

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