Short tax year
We are changing our fiscal year and need assistance on calculating tax depreciation in subsequent periods after the short year.
We are re-implementing Oracle fixed assets all together after the short periodis completed.
We want to use the Oracle short year methodology (white paper on short years) but this is not an acquiring of assets senerio it is a company changing their fiscal year only.
Does anyone know of someone or themselves that has completed this task in the past.
Thank you for any feedback.