Fixed Assets - EBS (MOSC)

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Suspeding an Depreciated Asset for a month

edited Nov 7, 2013 5:56AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered
Hi All,

This is regarding suspending an asset which is being depreciated for more than an year.

The Asset was suspended and the asset was not depreciated for a month SEP-13. But now user has again checked the Depreciate Check box and the Depreciation for Oct-13 is done. Based on the user guide for 11.5.0.2, For table and calculated methods, Oracle Assets calculates depreciation expense for the asset based on an asset life that includes the periods you did not depreciate it. If you suspend depreciation after an asset has started depreciating, Oracle Assets catches up the missed depreciation expense in the last period of life.

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