Prorate Convention with Formula not calculating as expected
I am needing to calculate depreciation based on a short tax year, mid-qtr . The Short Tax Year functionality in Oracle doesn't meet my needs as I am acquiring assets, but will be purchasing assets through the remainder of the tax year. I have searched and been unsuccessful in finding any documentation to support this particular type of situation. I have set up a new Prorate convention, entering the standard monthly ranges until I reached the point my short tax year range. At this point, I listed the the date range that makes up each of my quarters and the midpoint. I
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