Depreciation/What-If
Discussion List
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Catch up depreciation for converted assets in CloudSummary: We are converting assets from JDE to Cloud. The client is moving away from yearly mode of running depreciation in JDE to monthly in Cloud. We are converting ass…Aswathy Edison-Oracle 14 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
How to setup declining depreciation method in fixed asset daily calendar?The client has a requirement to calculate depreciation using declining method (DB) in secondary book which is using daily calendar. I know that we could setup declining … -
Mass update of Asset Depreciation costWe have situation where asset depreciation cost is incorrect due to NBV method now business want to adjust that difference amount to each asset taht has been showing dif…
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Is there an option to roundup or rounding down the depreciation amount?Summary: When performing depreciation expense calculations, it seems that the results are rounded. Is it possible for each company to change the rounding method, such as…
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Depriciation calculation - Turkish LawsHi Team As per turkish laws, depreciation on the asset has to be calculated for full year even if the asset is acquired on any month between the year. Example: If the as…Snigdha Jain 11 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Is there a way that I can change the YTD Depreciation and Net Book Value amounts of a AssetIs there a way that I can change the YTD Depreciation and Net Book Value amounts of a Asset
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Fixed Assets - Tax Book - Depreciation Calculation CriteriaSummary: Following is the scenario for Bonus calculation for FA Tax Book - Overall bonus depreciation is 40% of the Assets (Example - USD 400000) There is an upper limit…Amit K Chaurasia 12 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
The depreciation is turned off for an asset but the deprciation reserve amount is not reversed to 0Summary: The depreciation is turned off for the asset books corporate and tax for an asset. The YTD depreciation and depreciation reserve is 0 for the corporate book and…
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How can we set up an accelerated depreciation method, which switches to linear after 12 months ?Summary: We are trying to build an accelerated method which has an accelerated rate (50% of cost) during the 12 first months of life and then a linear method for the rem…
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Is there any report to track the assets which is suspended for depreciation?Summary: Is there any report to track the assets which is suspended for depreciation? The requirement is to track the assets suspended for depreciation. Content (require…
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what would I do to reverse that depreciation catchup and make the CP depre calculate correctlyIn January, I made an unamortized adjustment to change the useful life from 4 years to 6 years and change the salvage value from 20% to 10%. This caused a depreciation c…
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How to configure double decline method in asset?Has anyone expenrince setting up double decline methods? We are looking for how to configure double decline method for an asset. If the normal depreciation rate is 25%, …
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Can asset be depreciated after end of the useful if there is a balance in the NBV?Summary Asset is converted with 0 remaining life but has some amount remaining in the NBV that needs to be depreciated. Will asset depreciate the remaining amount in the…
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Future depreciation - how to send it to EPM Planning module (or any planning system?Summary: How do other companies send future depreciation data to their planning system, if it doesn't exist? Fixed Assets does not calculate future depreciation. It seem…
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Revalue Asset using Price IndexSummary: Client has the requirement to revalue asset based on price indices. We need to understand how price index can be loaded and revalue based on these. Content (ple…
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How to link xla_distribution_links with fa tables to get the catchup depreciationSummary: How to link xla_distribution_links with fa tables (Depreciation, Transactions, Adjustments) to get the catchup depreciation (link other than event_id) to find d…
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One time bonus depreciation in Tax BookSummary: Hi Experts, We have a requirement to do 60% one time bonus depreciation if Asset's date placed-in-service is of 2024 along with regular depreciation. When we co…
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MACRS Table Rates - Where did Oracle get the Table Rates from for Bonus Depreciation Methods?Summary: Where did Oracle get the tables rates for the seeded data population for Bonus Depreciation Methods in Document 2334665.1 for 40% and in Document 2860300.1 for …
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More detailed instructions for importing new Depreciation MethodSummary: Hi, I am needing to import the new depreciation methods for the new tax rules and I found the following DOC on MOS. MACRS 80% and 60% Bonus Half-Year & Mid-Quar…Jennifer Sherbrook - CNL 204 views 3 comments 0 points Most recent by Shawna Green-Support-Oracle Assets -
53 week calendar depreciationSummary: Retail corporations follow a 4-5-4 calendar. Oracle does not spread the NBV using a straight-line method when the asset life begins or ends in a 53-week fiscal …
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Zero NBV for Decling balance methodWe have the following configuration, one corporate book and two tax books. Tax book 1 which represents the Finnish local tax book and Tax book 2 represent the official a…
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Depreciation Calculation when 50% Bonus depreciation is takenSummary How can we configure the Fixed Assets so that if we take bonus depr at 50% it will use original cost minus bonus depr as the new basis?Content We launched Cloud … -
How do we setup tax books with MACRS HY, 50% Bonus Depreciation and 15% basis reduction?Summary: Client has tax assets that have a 30% energy credit, 15% basis reduction, and bonus deprecation of 50% in first year with MACRS HY. Content (please ensure you m…
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Fixed assets depreciation method not working correctlySummary: Hi Team, We have defined several depreciation methods for flat rate(related to declining balance method for INDIA tax books) which it seems that it is working f…
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Are there any report that can show future Net Book Value (NBV) of assets?I would like to know if there are any reports/features exist in Oracle which can shows the amounts of future Net Book Value (NBV) and depreciation of assets. E.g., forec…