Financial - JDE1 (MOSC)

MOSC Banner

Asset is fully depreciating when there should be no depreciation.

edited Oct 28, 2014 5:51PM in Financial - JDE1 (MOSC) 1 commentAnswered
Hello all,I am having an issue with running depreciation on assets that have an ITC exp. The way I set it up is in the depreciation formulas I set up the basis as (Cost-ITC). (In the asset master on the last tab, there is a spot to enter ITC.). I then have the depreciation method as (Basis*multiplier). In this specific case the ITC is the full cost of the asset, therefore there should be no depreciation. For some reason, it is trying to fully depreciate. I copied the depreciation and basis below. It seems my formula is set up correctly because it

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

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center