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General Ledger Allocation Rule for Depreciation

in General Ledger & Intercompany 2 comments

Summary:

How to create Allocation Rules for Depreciation on Capital Stock (converted from Revenue stock) on Oracle Cloud?

Content (please ensure you mask any confidential information):

We want to capture Depreciation on Capital Stock (Spare parts) on the month-end valuation of Capital Stocks, using Allocation Rules/formula. Also capture remaining useful life of the plant related to Capital stock.

Is there any document which can be helpful? How to get Useful life in formula to calculate Depreciation?

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