Bonus Depreciation Question

  Question with respect to converting assets that had Bonus Depreciation (30% or 50%) in the first year of life.  In the customers legacy system they take bonus depreciation in the first year (50%) and then would depreciate the asset based on the MACRS HY method but they would calculate the depreciation based on the remaining depreciable base (Cost – Bonus Depr.) over the life.

 

I updated some of my assets in fa_tax _interface and included the 50% bones rule but Oracle depreciates based on the Cost.  Unfortunately, the system does not allow you to setup a table based method that is dependent on Recoverable Cost.