Cost adjustment will be treated as if new asset and which will be depreciated separately under one a

Hi,

Client has a requirement that all cost adjustments to assets will be depreciated based on the original life of an asset even only few months is remaining.

For example,

Asset 1 

Cost                                          1,200      

Life in months                           12

DPIS                                         01-Jan-2014                      

Current Open period                Jun-2014

Accum. Dep. (1,200/12)*6         600

NBV as of Jun-2014 before adj.                  600

*Cost adjustment (Jun-2014)     600

Monthly Depreciation after cost adjustment:

Continue with the old monthly dep.          100

Cost adjustment dep. (600/12)                 50

New Monthly depreciation after adj.         150

then after dec-2014 only a depreciation of 50 onwards for jan-jun 2015 will be recorded.

Based on the above example is oracle assets able to handle the above requirement?

Regard,

Chris