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Whether standard depreciation methods like MACRS HY will be automatically updated with latest rates?

in Assets 1 comment

Summary:

Whether Oracle makes changes to the table based standard depreciation method rates, if there is change in the rates by government.

Content (please ensure you mask any confidential information):

Customer wants to know whether the table based standard depreciation methods like MACRS HY will be updated with latest rates in case of any change in the rates by US government?

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

Oracle Fusion Cloud Applications24A (11.13.24.01.0)


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

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