Fixed Assets - EBS (MOSC)

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FA - Weird Daily Depreciation Amount

edited Jul 23, 2012 4:42PM in Fixed Assets - EBS (MOSC) 1 commentAnswered
 Hi,
I Made the configuration of a Book, with 'Prorate Convention = Daily'. Considering the following example of an asset data: 

Current Cost = 2000 
Life = 4 Months 
Date in service = 30/08/2011 

Oracle is calculating the depreciation for the first period (Aug-12) = 38.36 but for me, i'm getting a different amount.

How Oracle is doing the calculation to get that amount?

Thanks for your help.

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