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Depreciation of Asstes wich had amortized adjustments

edited Jul 11, 2014 2:34AM in Fixed Assets - EBS (MOSC) 6 commentsAnswered

Hello,

How is Depreciation run for Asstes which had amortized adjustments?

Could someone shed some light?

EBS R12.1.3

For example:

Cost:   252,791.42

Life:    96 months

Method: STL monthly

DPIS:   02-JUL-2010

Prorate Date: 01-JUL-2010

Status in MAY-14 after 46 months depreciation:

Cost:      252,791.42

Reserve: 126,385.83

NBV:      126,405.59

In MAY-14, post an amortized cost adjustment (reducing cost) of 235,687.42

resulting in:

Cost:       17104

Reserve:  126385.83

NBV:      -109281.83

How depreciation amount will be calculated for current period(MAY-14)  and remain periods.

Thanks.

Andrei

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