Asset Lifecycle Management - PSFT (MOSC)

MOSC Banner

Daily Depreciation

edited Jun 20, 2014 12:00PM in Asset Lifecycle Management - PSFT (MOSC) 9 commentsAnswered

Hi,

Is there a way I can depreciate daily in asset management? There is no daily convention. I want that in the moment that any asset is acquired it can depreciate in that precise moment. For example, if an asset was acquired in june 5 2013, its cost was 10000 dollars with a life asset of a year. Its monthly depreciation amount is 833.33(10000/12 months). If I want initiate the depreciation on june 5 2013, the first period should be 694.17 (833.33/30 days*25 days in the period after june 5).

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