Fixed Assets - EBS (MOSC)

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Polish Requirement - Depreciation on Asset Additions/Cost Adjustments from subsequent month

edited Dec 15, 2009 12:04AM in Fixed Assets - EBS (MOSC) 1 commentAnswered
Hi,

We have a Business Requirement where expectation from Oracle is to calculate depreciation on New Asset Addition / Addition to Existing Assets as well as Cost Adjustments to Existing Assets from subsequent calendar month to the month of New Addition / Addition to Existing Asset / Cost Adjustment to Existing Asset. Prorate convention is accordingly defined and attached to the Asset. Oracle is however calculating the depreciation correctly i.e. from subsequent calendar month for new asset addition but in case of additions to an existing asset or cost adjustments, the depreciation on such addition or cost adjustment is not postponed

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