Production based Asset Depreciation Calculation
Hi, We have a client requirement to calculate Depreciation for Production based Assets as per below logic:
Asset Cost: 200000
Total Production Capacity: 5000
Production Capacity for JAN month: 100
Depreciation for JAN month: 4000 ((100 / 5000) * 200000)
For FEB month, client is expecting to consider the “Total Production Capacity” as 4900 (5000 – 100) which is nothing but Total Production Capacity minus JAN month Production Capacity.
So if the FEB month Production Capacity is 75, then expected Depreciation should be 3061.22 ((75 / 4900) * 200000) whereas Oracle calculates it as 3000 ((75 / 5000) * 200000).
Is it possible to achieve this requirement ?
Tagged:
0