Fixed Assets - EBS (MOSC)

MOSC Banner

How are others addressing Form 4562 - Depreciation and Amortization Report

edited Jun 12, 2013 4:44AM in Fixed Assets - EBS (MOSC) 1 commentAnswered
 We are in the process of implementing Oracle Fixed Assets in 11.5.10.2. Our tax department had some questions on Form 4562.

  1. Why Form 4562 in Oracle does not break out the totals as required by the IRS Form 4562, e.g. 3 year property for current fiscal year, instead the Oracle report totals by asset category not years? I submitted a Oracle SR and they said that this  and open enhancement request with no estimated target date.  
  2. I asked Oracle if there were any workarounds and they said to post this quetion to the Fixed Asset community to see how other customers are addressing this issue. How are others addressing getting the correct information out of Oracle to report to the IRS on Form 4562.

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