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Customized Depreciation calculation formula

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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):

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