Fixed Assets - EBS (MOSC)

MOSC Banner

Converting Tax Book Assets from Fiscal to Calendar Year

edited Apr 9, 2009 4:22AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered
Has anyone converted assets from a fiscal year legacy system (e.g. Oct to Sep) into a calendar year Oracle FA Tax Book (Jan to Dec)?

 I am converting assets into Oracle FA from a legacy system.  The tax depreciation in the legacy system had been calculated on a fiscal year basis (Oct to Sep).  My new Tax Books in Oracle FA will use a calendar year basis (Jan to Dec).  My deprn method is 200DB with various rates assigned to each year/period.  I load the assets into the Tax Books with their accumulated reserve.  However, Oracle believes the reserve is incorrect for the current period based on the new calendar year basis and the 200DB year/period rates, so it books a depreciation adjustment for each asset,

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Fixed Assets Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center