Depreciation/What-If
Discussion List
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Can we create approval rules for Depreciation TransactionsSummary: Hi, I see that Oracle spreadsheet 'Asset Transactions Approval Basic Template.xslm' has tabs for Addition, Adjustment, Transfer, Retirement and Mass. I have a b… -
The alternative depreciation system (ADS) in relation to the MACRS depreciationSummary: The alternative depreciation system (ADS) in relation to the MACRS depreciation for assets in US. Can you please let us know if Oracle Fusion Cloud supports thi…
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How to default the Asset cost center on the depreciation expense acct from employee default expenseHow can we default the Asset cost center on the depreciation expense account from employee default expense account ?
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How to modify Prorate Calendar for asset bookSummary: Mistakenly defined monthly calendar on Prorate Calendar attribute in Fixed Assets book. Depreciation is setup for daily basis, similarly defined prorate convent…
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Can we calculate depreciation for machines and equipment based on hours of usageSummary: Business requires depreciating the machines and equipment based on the hours of usage Content (please ensure you mask any confidential information): Version (in…Abdelrhman Samy 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Closing Asset Period for multiple books in once instead of closing the period one by oneSummary: We have one asset corporate book (to meet company/group level fixed asset register) and multiple tax books (to meet country wise tax reporting requirements - ap…
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Questions related to Depreciation in Czech RepublicSummary: Questions related to Depreciation in Czech Republic The document "Manage Depreciation and Retirement Rules for Statutory Tax Reporting in the Czech Republic KB8…
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Depreciation Override with UseBy=AdjustmentSummary: I passed some amount in Deprecation Override spreadsheet with UseBy=Adjustment in closed period. That adjustment does not show up on UI. Even when I run depreci…
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how to identify fully depreciated assets in oracle fusion fixed assetshow to identify fully depreciated assets in oracle fusion fixed assetsPL Karthick Ramanathan 21 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How to delete the Depreciation Methods in Bulk in Oracle Fusion AssetsSummary: Is there a process that will do a mass deletion of the seated depreciation methods in Oracle? There are some Depreciation methods created few years back which b…
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How do you amortize intangible assets in Oracle Fusion?Summary: To be clear, we associate the term 'Depreciation' for the Tangible Assets and 'Amortization' for Intangible Assets as per our Accounting Standards. For an Intan…HSBCCFITDESTFC 55 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Asset Additions for a past in service date - Oracle Fusion CloudSummary: Is it possible to add assets (not update/transfer/retire) as they haven't even been added yet) for a previous fiscal year and have the depreciation set for that…
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Table-Based Depreciation Method Not Enforcing 20% Annual Cap with Custom Fiscal Year LogicSummary: Table-Based Depreciation Method Not Enforcing 20% Annual Cap with Custom Fiscal Year Logic Content (please ensure you mask any confidential information): We hav…
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How table based depreciation method works in oracle fusionWe have requirement where depreciation rate will be change after 3 years of asset life. E,g. Asset life is 5 years, so 3 years depreciation will be 30% and for remaining…Abhijit.tarsekar 43 views 5 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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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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How to reinstate the zero amount balance assets but not yet retiredHi, It is possible to reinstate the asset number with zero amount balance, if the adjustments process used to zero out the net book value was depreciation override. They…
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want to change (Divide Depreciation) from " Evenly" to "By Days"Summary: we want to change the "Divide Depreciation" from " Evenly" to "By Days". Is it possible as we already have the data in our system for the past three years (from…
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Units of Production (Cost basis vs net book value basis)Summary: Hi We are trying to understand the difference between production based methods (one with Cost as calculation basis and Netbook Value as calculation basis). We c…Vignesh.J.S-Oracle 11 views 5 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How to update asset calendar datesSummary: Content (please ensure you mask any confidential information): User have incorrectly setup the end date for January which doesn't align with GL calendar. How to…Bhanu Prakash Sharma 23 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
Discounted Payment Terms and Fixed AssetsSummary How to configure so payment amount flows to Fixed AssetsContent If paying an invoice from a supplier with discounted payment terms, how can we get the paid amoun… -
Depreciation Treatment for Cost Adjustments in Tax BookHi Experts, We maintain both Corporate and Tax books, with the Tax book following the Next Month depreciation convention. When we perform a cost adjustment in the Corpor… -
What can cause the "Perform What-if Analysis process id not to be recognized when running the "What-When running the "What-if Depreciation Analysis Report" from Scheduled Processes for particular categories, the associated process instance number from "Perform What-if …
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How to setup SLA configuration in order to default Cost Center segments from the Asset Clearing?How to setup SLA configuration in order to default Cost Center segments from the PO charge account or asset clearing to the Depreciation Expense account for assets gener…
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Asset Depreciation ForecastSummary: Asset Depreciation Forecast Content (please ensure you mask any confidential information): Hi, Is there a standard report to show all the asset depreciation for…
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Uploading Asset with Partial Disposal and Adjustments using FBDIHi All, We have an asset purchased in 2022 for 6,717.34 with depreciation method Declining Balance 20%. In 2022 we had a partial disposal of 1,004.00, and in later years…Mukesh Sirigiri 11 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How do we update the asset lives of Asset CategoriesSummary: We are looking to update the asset lives of Asset Categories, how do we do that and how do we make sure that any assets using the asset category do not have the…
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Can the SYD depreciation method calculate deprection for 12 months from date of acquisitionSummary: Our business wants the SYD depreciation method to calculate monthly depreciation for the 12 months from date acquisition. Currently the prorate convention is Mi…
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How to have 80% of Bonus in the first PERIOD (and not FISCAL YEAR) for an Asset?Summary: Hello friends! The goal is to have 80% of bonus when the asset is added in a specific period and the other 20% to follow the depreciation method associated to t…
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Unable to see the period from perform periodic asset copy from Corporate book to tax bookUnable to see the period from perform periodic asset copy from corporate book to tax book Corp book and tax book open periods are Oct 25. Although for tax book Sep perio…Anusha Naik 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets