Fixed Assets - EBS (MOSC)

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asset depreciation calculation with a change in the asset life, can this be deferred via FA

edited Mar 21, 2012 8:04AM in Fixed Assets - EBS (MOSC) 1 commentAnswered
we have an asset with a 5 yerar life, straight line depreciation (monthly), no salvage value. The asset should have had a 3 year life. The retro depreciation will be charged in the month taht the asset life change is made. is there a way, using Oracle Fixed Assets, to allocate this retro depreciation over the remainin life of the asset without affecting the net book value of the asset, creating a GL entry only?

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