Fixed Assets - EBS (MOSC)

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Depreciation for Asset Transfers

edited Apr 28, 2011 4:21AM in Fixed Assets - EBS (MOSC) 6 commentsAnswered
All,

I have setup a new asset book and asset category with following setups - daily prorate convention, daily prorate calendar and monthly depreciation calendar.

I added a new asset with DPIS as 18-JAN-09. It correctly calculated depreciation only for 14 days of JAN as expected.

Now i transferred this asset from expense account to another on 14-Feb-09. I expect oracle to charge depreciation for 1st 13 days to expense account A and next 15 days to expense account B. But Oracle is charging complete depreciation to expense account B which is not correct.

Please advise.

Thanks, Vishal.

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