Fixed Assets - EBS (MOSC)

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Depreciation Calculation

edited Feb 3, 2010 9:53AM in Fixed Assets - EBS (MOSC) 5 commentsAnswered
We have our depreciation method setup as declining balance. If an asset valued $100,000 was placed in service in Jan-2007 and in March 2008 there was some cost adjustment (cost addition of $20,000) was made to it. I need to understand how Oracle will calculate the depreciation. Will it reclaculate the depreciation starting from Jan-2007 on $120,000 and put the difference in Mar-2008 OR just calculate the depreciation on $120,000 going forward from Mar-08? 

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