Fixed Assets - EBS (MOSC)

MOSC Banner

Short year depreciation for Tax Books only

edited Oct 8, 2014 9:22AM in Fixed Assets - EBS (MOSC) 11 commentsAnswered ✓

Hi,

Investment group X  acquired Company Y from Investment group Z in July 2014.

Nothing has changed in Company Y's Oracle system. I'm working in Company Y and our Tax dept wants to run short year depreciation for all 2014 assets as explained below.

They want to do this only for Tax books. They don't want to change anything in Corporate book.

Our fiscal year is JAN-DEC.

Below is the scenario they are looking for all assets created in 2014 only (Tax Books only):

Tax Year 1: JAN-2014 to JUN-2014 <Company Y - owned by company Z>

Tax Year 2: JUL-2014 to DEC-2014 <Company Y - owned by company X>

Tagged:

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