Fixed Assets - EBS (MOSC)

MOSC Banner

Bonus Depreciation Methods for Tax Books

edited Jan 30, 2011 5:29PM in Fixed Assets - EBS (MOSC) 1 commentAnswered
 We have requirement to charge Bonus Depreciation for assets in 1st year of asset life, apart from the regular depreciation which is 150DB or 200DB or STL. Bonus Depreciation of 30% and 50% needs to be setup for Tax requirements in US.

How can we obtain this. Do we need to setup some Bonus Depreciation Rule. How this works. Does anyone knows how bonus depreciation functionality works and how this can be setup in Oracle.

Thanks,

Rashmi

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Fixed Assets Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center