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    • Fixed Assets - Tax Book - Depreciation Calculation Criteria

    in Assets 1 comment

    Summary:

    Following is the scenario for Bonus calculation for FA Tax Book -

    Overall bonus depreciation is 40% of the Assets (Example - USD 400000)
    There is an upper limit for bonus depreciation like USD 300000

    Expectation is to get bonus depreciation charged USD 300000 instead of USD 400000 for all the assets.

    Is there any way to achieve above scenario ?

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

    Oracle Fusion Cloud Applications 24D (11.13.24.10.0)

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