Depreciation/What-If
Discussion List
-
Which setup required to calculate on prospective depreciation when changed the salvage valueSummary: When salvage value changed for asset which have remaining useful life like 5yrs, depreciation start calculated on retrospective method. Which setup required to … -
What depreciation method to be used for Reducing Balance Method - Asset DepreciationSummary: Content (required): What method is to be used if the requirement of depreciation is reducing balance method? The depreciation calculation should be on the NBV. … -
Is high number of fixed assets source lines impacting the performance of depreciation run?Summary: Due to specific business process flows we are planning to deploy a solution when assets may have thousands of source lines. I would like you to check if huge nu…
-
Automating Period Close and Depreciation for Multiple Asset BooksSummary: Is there a way to perform these actions for all asset books simultaneously, rather than having to configure and run them individually? Content (please ensure yo…
-
How to set a depreciation fixed amount for an assetHello, We are using a "Flat" Method type with "NBV" as Calculation Basis with a ratio acordind to the remainig useful life of the asset, but the customer needs to change…
-
Do we have unplanned depreciation report in Fusion Fixed assets ?Summary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…PL Karthick Ramanathan 22 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
how to set a depreciation fixed amount for an asset (not STL)Summary: We are using a "Flat" Method type with "NBV" as Calculation Basis, but the customer needs to change the depreciation method to set a constant depreciation amoun…Gabriel Rega 41 views 6 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
How to identify if the asset has been amortized or not?I am adjusting the cost of the asset and I am enabling amortization. When inquiring the asset, how can we identify that the asset has been amortized? Thank you -
How to Reverse a depreciation amount calculated on an asset as the asset is a landSummary: The Customer wants to impair the asset so the application gives him an error that he must calculate the depreciation first so he calculated the depreciation on …
-
Not consider Sales proceeds in case of dep. for assets put to use < 180 days in Tax BookSummary: Hi, So we have a condition from user to calculate depreciation on basis of this formula Dep = (Opening WDV + Addition Put to useJaiswal Jaswant 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
How to increase the monthly depreciation by 50% for a particular asset categorySummary: Content (please ensure you mask any confidential information): Client have a requirement that for Plant & Machinery Asset category the monthly depreciation will…
-
The depreciation of what if analysis and actual depreciation are differentwhen we perform what if analysis on existing assets with same parameters like depreciation method and life in years, we are getting different depreciation from what syst…
-
Unable to understand Depreciation calculation after cost AdjustmentThe asset was having amortized flag checked, there was a cost adjustment done to an asset that had MACRS 60B HY depreciation method. But the new calculation is not makin…Amulya_Srivastava 1 view 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
How to adjust the amount calculated via Bonus depreciation?Summary: Need to adjust/revert the amount calculated through Bonus depreciation, which was not expected. Content (please ensure you mask any confidential information): W…
-
Asset Cost Adjustment - NBV not as expectedHello, I have the following Scenario: I have an asset with Current cost = 7,434,175.00 and NBV = 5,204,938.30. This asset is already placed in service a couple of years …
-
can I capitalise asset in prior period alongwith depr from prior period?If fiscal calendar is from 2005 but current period in asset book is 2023, can I capitalise asset dated from 2005? Business has assets from 2005 and want to capitalise th…
-
Asset Parent/Child RelationshipSummary Asset Parent/Child Relationship functionalityContent Hello, Does anyone know if there is a white paper on asset parent/child relationship for Cloud ERP? Here are… -
FA: Depreciation Override Exceed Net Book ValueSummary: The processor processes the depreciation using Manage Depreciation Override and it was validated successfully. Then she calculates the depreciation but it was E…
-
How to setup Depreciation for ItalySummary: We have below requirement in Italy. The Asset should be depreciated in the way mentioned below - In first year of life basis of depreciation is 50% of cost. In …
-
Depreciation Method with different Depreciation Rates for different yearSummary: Want to create a depreciation method that can depreciate the asset for different rate in the asset useful life i.e. an asset with 5 years useful life to depreci…
-
Is it possible to change depreciation account combination after the asset is posted to GL?Summary: Is it possible to change depreciation account combination after the fixed asset is posted to GL? Content (please ensure you mask any confidential information): …shivpathak 42 views 4 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
Depreciation To Be Run And Calculated Once A YearSummary: The fiscal year of the client runs from Oct-Sep. The client runs depreciation only once a year. As per the support note Depreciation To Be Run And Calculated On…Aswathy Edison-Oracle 11 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
Disparities between YTD Depreciation and Depreciation ReserveSummary: Hello, Basically, a CIP asset was capitalized with X years of depreciation method and X amount. But then, after the capitalization both of this features were ch…Sara González-Gaggero 31 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
Why do we need to populate Amortize Flag and Amortization Start Date for converted assets?Summary: Why do we need to populate Amortize Flag and Amortization Start Date for converted assets? Content (please ensure you mask any confidential information): For co…Aswathy Edison-Oracle 21 views 4 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
Segregration of depreciation adjustment by event and source typeSummary: Hello, we have custom reports where we can see the difference in cost and depreciation between 2 asset books for each event as well as the beginning balance dif…Rajesh Mukhi 21 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
How is depreciation calculated for converted assets in Cloud?Summary: We are converting assets from the legacy system(JDE) to Cloud. The depreciation method is STL for all assets. Questions: If we are converting assets in the mont…
-
Is it possible to run depreciation once a year in Cloud?Summary: Our client runs depreciation once a year in the legacy system (JDE). As they are moving to Cloud, they would like to know, if the same practice can be followed.…
-
Hypothetical depreciation analysis not working for Formula based depreciation methodSummary: Hypothetical depreciation analysis not working for Formula based depreciation method Content (please ensure you mask any confidential information): Hypothetical…