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Czech Republic Tax Book – Accelerated Depreciation and Technical Appraisal

in Assets

Summary:

Hi,

We are implementing a Czech Tax Book in Oracle Fusion Assets and would appreciate feedback from other customers who have implemented Czech statutory accelerated depreciation in Fusion Cloud.

Our initial requirement was to configure the accelerated methods using the statutory formulas and coefficients, dynamically using Cost, NBV, depreciation year and Technical Appraisal amount.

Oracle Support has confirmed that this cannot currently be achieved through user-defined Formula methods and recommends Table-based methods with predefined static rates instead.

While we can translate the standard accelerated depreciation years into static rates, the main gap is the Technical Appraisal year, where the exact rate varies by asset depending on its NBV and TA amount.

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