You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

FA Data transfer and depreciation alignment across different fiscal calendars

We need to transfer FA data using Initial and Periodic Mass Copy from the Corporate Book (Fiscal Year: Jan-Dec, Depreciation Calendar: Jan-Dec) and the Primary Ledger (GL Calendar: Jan-Dec) to the TAX Book (Fiscal Year: Jul-Jun, Depreciation Calendar: Jul-Jun) and the Secondary Ledger (GL Calendar: Jul-Jun).

Is this approach feasible? Our requirement is to calculate depreciation on a Jul-Jun basis, but due to Oracle limitations, we cannot directly attach the Secondary Ledger to the Corporate Book. Therefore, we are considering this method—moving data to the Secondary Ledger via the TAX Book and then calculating depreciation for Jul-Jun.

Is this approach feasible? What additional setups are required to implement this process?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!