Fixed Assets - EBS (MOSC)

MOSC Banner

Replicating a Depreciation Ceiling for a CORP asset book

edited Aug 22, 2013 4:50AM in Fixed Assets - EBS (MOSC) 10 commentsAnswered
Hello All,

I have a situation where the client uses the same depreciation methods for both US Tax and Corporate Financials.  This sounds like it would make things easier.  However, they are owners of numerous vehicles that are subject to the MACRS maximum depreciation limit (a ceiling in Oracle terms).

The CEILING functionality is only provided in a TAX book.  It is greyed out for a CORP book.  The FA User's Guide states this directly so it appears to be intended functionality.

What it appears that I need is to be able to create a custom Depreciation Method that replicates this effect without having the ceiling functionality available.  Has anyone addressed a similar situation?  Does anyone have a suggestion how to configure a custom depreciation method to accomplish this?

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