Depreciation/What-If
Discussion List
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Depreciation Method used in Calculating Asset DepreciationSummary: Is there any standard report available in system to show only the Depreciation method STL is used to calculate Asset Depreciation? Content (please ensure you ma… -
Accumulated Depreciation Accounting Entry not GeneratedSummary: While creating the asset from AP Invoice source line user have updated the asset cost by mistake for an Asset. To rectify this we performed Asset Financial info…
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How to Configure MACRS 100B HY and MACRS STL100BSummary: 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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How does Oracle incorporate annual tax updates, such as the Tax Cuts and Jobs Act?How does Oracle manage annual tax updates, such as those from the Tax Cuts and Jobs Act? These updates typically encompass changes to tax rates, regulations, and calcula…
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Reverse Asset and Accumulated DepreciationSummary: Content (please ensure you mask any confidential information): Asset purchased in June 2025, the entire amount including taxes has been refunded due the asset b…
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How to depreciate CIP assets in tax bookBusiness wants to depreciate their CIP assets, in tax book, but not in their corporate book. This is so that they can benefit from the US tax laws which enables business…
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Need FAR Data to Auto‑Populate in Manage Physical Inventory Excel Instead of Blank TemplateSummary: Need FAR Data to Auto‑Populate in Manage Physical Inventory Excel Instead of Blank Template Content (please ensure you mask any confidential information): In th…
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Fixed Assets Depreciation Calculation Process is FailingSummary: We have made two asset depreciation account transfer transactions for one leased asset. Now when we are running calculation depreciation process, the process is…
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How can the depreciation of an asset be charged across multiple Cost centresSummary: The depreciation charge of an asset needs to be split across two or more cost centres but the asset cost being booked under only one cost centre. Is this possib…
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First month depreciation using monthly depreciation calendar and daily prorate conventionThere are assets added in the current period but first month depreciation is calculated inaccurately and second month onwards its as per the cost/life. E.g. Asset Cost: …
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Formula based depreciation method not calculating the correct depreciation in year of accquisitionSummary: I am trying to create a formula based depreciation method for an Intangible asset. Its based on the % assigned to each year. Content (please ensure you mask any…
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OFC Fixed Asset Form 4562The IRS Form 4562 needs a breakout of bonus and regular depreciation for the year. We had a custom report that was giving us this data, but due to changes in the system,…
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Change GL date for assetsSummary: Hi, We have below situation. GL period is closed for Nov-25. Asset book is open for Nov-25. So, if I close the book current month depreciation will run. The sys…
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Unexpected Depreciation Expense for One Period in Asset with Daily ProrateUnexpected Depreciation Expense for One Period in Asset with Daily Prorate
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Fixed asset YTD deprecation Value IssueIn Fixed Assets, the depreciation data displayed in the application is different from the data stored in the Oracle database tables (FA_DEPRN_SUMMARY and FA_DEPRN_DETAIL…
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Accumulated Deprec greater than Asset Cost and YTD Deprec greater than Accumulated DepreciationWe know that below listed are legitimate errors during DM. But Client would like to keep the data as is, Can Oracle be configured to bypass these errors: Check1: Accumul…
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Want to know if Deferred Continuity Schedule Functionality is available in Fixed Assets Module.In our organization , any donations received for a capital investment, are also amortized over the life of the asset, offsetting the cost. Need to know if Calculation of…
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How Formula based depreciation works in oracle fusion?Summary: How Formula based depreciation work in oracle fusion? We have requirement where 3 Years of asset life should be depreciated 30% with declining balancing rule an…
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Not Able to Check the Depreciation End Date for AssetsWe are not able to check when the exact end date of Depreciation is for the assets in the system. We can view only the Useful Life and The Date Placed in Service informa…
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wrong Depreciation calculation of assetDate In service 18-02-2014 Current Cost 15,800,000.0000 Original Cost 15,800,000.0000 Net Book Value 361,593.2425 Salvage Value 1.0000 Recoverable Cost 15,799,999.0000 D…Kailash Joshi 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Bonus depreciation not calculated correctlyHello Colleagues We have requirement to calculate a one-time bonus depreciation in addition to regular depreciations. As per the attached bonus configuration, our prorat…Abdullahi Qasim 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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A Depreciation method so that depreciation is not effected by the Cost and NBV revaluation methods.Summary: Current functionality is: If we use the NBV method of revaluation, system update the Current Cost as per below formula and calculates the depreciation on curren…
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How to Reverse a Depreciation Catch-Up When an Invoice Was Added Without Amortization?Summary: Hi everyone, In the Assets UI, a new invoice was added to an existing capitalized asset, but the Amortize checkbox was not selected. Depreciation was then run. …
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prior period depreciation reportSummary: Hi I am looking for a depreciation report for Prior periods . Is there any out of the box report? Content (please ensure you mask any confidential information):…Srini Narayanan 1 view 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Bonus DepreciationSummary: Oracle Assets' seeded bonus methods take the full bonus amount in the fiscal year the asset is placed in service. They do not take the entire amount in first pe…NiranjanPuvvada 22 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Lease ExtensionSummary: When a lease is extended via Manage Leases (or Lease Amendment), should the corresponding lease asset's depreciation period automatically update, or is a separa…
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Oracle seeded Depreciation methods for Italy in Oracle cloud.Organization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Accenture Description (Required): Eac…Mahipal Reddy Chennagari 51 views 10 comments 1 point Most recent by Mahipal Reddy Chennagari Assets
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From which do we get current YTD depreciation amountWe have below logic to get the YTD DEPRN amount, but the depriciation is not run for sep month hence the query fails as no record in summary table for sep period counter…