Financial - JDE1 (MOSC)

MOSC Banner

Run Compute Depreciation Twice/Period

edited Oct 28, 2014 5:50PM in Financial - JDE1 (MOSC) 1 commentAnswered
Hi,
We are using a user defined depreciation method:
Basis value (10) =01+02+22-07
Depreciation = 10/64

I will take an asset for example.
Depreciation Start Date: 01.07.2012
Cost: 22432,50
Life Periods: 10

When I run Compute Depreciation for this asset in period 7, I get:

Cumulated Depreciation : 2243,25-
Depreciation Expense: 2243,25

..so far so good

The problem apears when I have to run again the Compute Depreciation for period 7, for other assets, and it is not enough to eliminate depreciated asset for period 7.
So, the system recalculates the depreciation amount:

(22432,50 - 2243,25) /10 = 20189,25/10 = 2018,93

And creates an adjustment entry with the difference:
 2243,25- 2018,93 = 224,32

If I ran the compute depreciation for an asset in a period, the second time I ran, I would like the system to ignore it. Can you help me with an advice?

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