How to handle Amortization in Oracle Assets
We have the following requirement for amortization of insurance for a fleet of vehicles
1) Policy is for 12 months from June to May
2) The entire fleet is covered (ie 4000 vehicles)
3) Any additions to vehicles will also be covered but the end date of the policy remains constant i.e. May
4) The insurance assets should not be shown in the normal fixed assets register
Please let me know how to handle this in assets
Regards