Requirement Depreciation Method: (NBV*(50%/12))
Summary:
I have requirement to setup depreciation method below.
NBV*(50%/12)
example:
Asset Cost: 120
Depreciation details:
Period | Depreciation | NBV |
|---|---|---|
1 | - | 120.00 |
2 | 5.00 | 115.00 |
3 | 4.79 | 110.21 |
4 | 4.59 | 105.62 |
5 | 4.40 | 101.22 |
6 | 4.22 | 97.00 |
7 | 4.04 | 92.96 |
8 | 3.87 | 89.08 |
9 | 3.71 | 85.37 |
10 | 3.56 | 81.81 |
11 | 3.41 | 78.41 |
12 | 3.27 | 75.14 |
How to setup this in Oracle Fusion asset?
Version (include the version you are using, if applicable): Oracle Fusion Cloud Applications 26B