Tax Book
Discussion List
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I can't find the asset book during the process: Post Mass AdditionsHello, I ran the process: "Transfer Receipts to Mass Additions" and it ended in success. I am trying to schedule the process "Post Mass additions" but yet I am not able … -
Tax Book: Copy amortized adjustments as expensedSummary: Can somebody explain to me what the flag Copy amortized adjustments as expensed does on the Tax book level? So far I have searched and didn't find any direct ex… -
Security - READ ONLY Corporate book and EDIT Tax bookIs there a way via security that a user can have edit privileges to a tax asset book within the fixed assets module while having only inquiry to the corporate book? -
How to handle tax depreciationHi! There is a Hong Kong specific requirement on tax depreciation where the client can claim allowance on certain assets. More details to the requirement as attached in …
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Accounting entries from FA subledger is not flowing from Primary ledger to the secondary ledgerSummary: We have a corporate book associated to a primary ledger(PL), for this corporate book, we don't have tax book associated with it. The accounting entries are flow…
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API for Fixed AssetsSummary: How to update fixed assets location flexfields using API? Content (please ensure you mask any confidential information): I want to update the fixed assets locat…
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Can we use two prorate conventions (monthly & half yearly) for a single tax book in Fixed Assets?Summary: Our business wants to use two different prorate conventions- Monthly and Half-yearly for a single tax book. Since we can only create one prorate calendar which …
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Mass Unplanned DepreciationSummary Mass Unplanned DepreciationContent Hi All, I have a bunch of assets on the secondary books that need depreciation adjusted by a few pennies in order to align to …
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Possible Way To Create Asset For New Transaction Created After Company RebrandingSummary: Hi All, We have business requirement where existing company merge with another company and will become new company. Business going to be rebrand and for new ass…
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High level steps on creating a single period calendar for a Tax Fixed Assets book?Summary: We currently have the Corporate book set up and in Production. We are implementing the tax fixed assets books that will be associated with the Corporate book. W…
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impairment assetsSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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Accumulated Depreciation not getting copied in Mass Copy in Tax Book (secondary book)Summary: Accumulated Depreciation not getting copied in Mass Copy in Tax Book (secondary book) Content (please ensure you mask any confidential information): We loaded f…
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Want to retire an asset from Tax bookSummary: Hello All - We have a requirement to Retire assets from Tax book. The assets life time is 7 years in Corp book(fully depreciated) and 40 years in tax book (only…
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Asset Cost in Tax Book that is attached to a secondary ledger which is in a different currencySummary: Asset Cost in Tax Book that is attached to a secondary ledger which is in a different currency than the Primary Ledger is loaded incorrectly/ Content (please en…
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Implementation - Can I adjust Bonus Depreciation Reserve without YTD Bonus DeprHi All - I am still in the period of addition (doing our production system implementation) and I have an asset that was erroneously loaded with $0 Bonus Depreciation whe…
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Feature/Report how To Determine if the Mid-Quarter (MACRS MQ) Convention applies to assets.Summary: Depreciation for Federal Income Tax purposes in the U.S. requires that corporations determine the percentage of their assets that were acquired in the last quar…Saikiran Kataram-Oracle 102 views 7 comments 0 points Most recent by Shawna Green-Support-Oracle Assets
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Exchange rate not derived from the Asset FBDI templateSummary: Referring to the Doc id:2739930.1 , we tried to load the asset directly in the tax book, which is associated to the secondary ledger, the currency of secondary …Srinivasan Mohan-Oracle 1 view 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Assets
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Asset Category Assignments Mass Update Tool needs separate accounts for balance sheet and P&L accts.Summary: We used the UpdateFixedAssetsConfig workbook to create category assignments. For the most part, the account defaults can be used, but it does not accurately ret… -
There is no impact on 80% Bonus depreciation as per note 2860300.1Summary: I have configured and implemented the package as per the note 2860300.1 and it was successful. But i could not see the depreciation methods. Content (required):…Geetha chandrasekhar 81 views 10 comments 0 points Most recent by Shawna Green-Support-Oracle Assets
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How to create Formula type Depreciation Method with different Depreciation Rates for different PerioSummary How to create Formula type Depreciation Method with different Depreciation Rates for different Periods?Content Hi Experts, I have requirement to create the calcu…
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periodic mass copy reportWe have 30+ Tax books and when we run the periodic mass copy for all the 30 books, we don't know for which book the mass copy is run unless i go to the process details -…
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How to activate Allow source lines rule from tax book after the charge of the fixed assetsSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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Mass Update Asset Category Depreciation Method and Life In Years and Month for one tax bookSummary: Need to update the Depreciation Method on 3k + categories for one tax book Any comprehensive documentation on how to automate using Export/Import from CSV file?…
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Is it suggestable to create a tax bk with yearly depreciation where as follow Monly Dep in Corp bk?We have a requirement where an asset must follow the monthly depreciation calendar in corporate book and yearly depreciation in Tax Book. We did a POC and find it is fea…PL Karthick Ramanathan 11 views 1 comment 0 points Most recent by Shawna Green-Support-Oracle Assets
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Has anyone found anything on creating "MACRS STL 80B MM" for 39 years?Summary: I wasn't able to locate any information on this depreciation method setup. Was wondering if anyone else has come across this and needed to manually configure it…
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How to incorporate depreciation buckets in assetWe need to establish a tax book for the UK, incorporating depreciation "buckets" determined by the net book value of each bucket. For example, as of 12/31/21, the net ta…
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General Depreciation System using Straight Line methodSummary: We have a requirement to use General Depreciation System using Straight Line method for tax books where in the Depreciation method provides for equal yearly ded…
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Possibility of using different convention methods for tax books and Corporate BookSummary: Hi, We have a requirement to use different convention methods say Month convention for Corporate Books and Half year convention for tax books. We have setup the…
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How to copy retirement convention to tax book?Summary: When a retirement transaction is copied from the corporate book into the tax book the retirement convention is not copied, instead the tax book uses the default…
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Mapping for Oracle-seeded depreciation methods with MA100/150/200, MF100/150/200 from Sage?Summary: Do we have Oracle seeded depreciation methods defined for Sage depreciation methods MA100/150/200, MF100/150/200? Content (required): Our client was using Sage …