You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Customized Depreciation calculation formula

edited Feb 15, 2023 4:59AM in Assets 2 comments

Summary:

Want to use Straight Line Method Depreciation on NBV Basis.

Content (required):

Hello,



We want to have a custom depreciation formula.


Our formula will be like - (NBV-Salvage value)/ Remaining life of the asset.


NBV= Original Cost- Depreciation Reserve


Kindly advise us how we can create above formula in asset setup.

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

Oracle Fusion Cloud Applications

23A (11.13.23.01.0)


Code Snippet (add any code snippets that support your topic, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!