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Does Oracle Fusion Assets support State Specific Depreciation Calculation ?

in Assets 1 comment

Summary:

As part of Tax Department requirement to calculation Bonus Depreciation, Some states like Illinois, Pennsylvania have chosen not to take advantage of Bonus Depreciation levy provided by US government.

So does Oracle cloud assets support State specific depreciation calculation ignoring Bonus Depreciation, when we have chosen MACRS Bonus Depreciation method?


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